Posts Made By: James Brown

Originally Posted by Rod Kaufman

It's what I thought:

"If you follow right-wing media or Twitter, you may have seen a lot of coverage recently about Target’s stock price falling."
"But the explanation for why it’s happening is dead wrong."
"Right-wing outlets and personalities have repeatedly claimed that Target’s decline — the company snapped a nine-day losing streak Thursday, during which shares dropped to around a three-year low — was due to backlash over its Pride Month clothing."
“Target shares hit three-year low as Pride backlash hits bottom line,” a Fox News headline said Friday. Fox News aired more than 2 hours of coverage on Target’s Pride Month displays from May 23 to May 30, according to Media Matters, a liberal media monitoring group."
"But Target’s stock drop has nothing to do with its Pride Month clothing collection or the anti-LGBTQ campaign. In fact, Target’s stock is falling because of broader changes in the US economy, the possibility of a recession, and Target’s over-exposure to discretionary merchandise, according to corporate executives and retail and investment analysts."
https://www.cnn.com/2023/06/02/business/target-stock-fact-check-lgbt-backlash/index.html

Originally Posted by Russ Carroll

Target lost market value because their stock price dropped. Nobody on the planet, other than Adam Smith, can tell you why and it is pure unprovable speculation to guess, so Turley's entitled to his opinion.

Supply and demand for the actual shares dictated the price drop.

Originally Posted by Rod Kaufman

I guess you missed this:
"In fact, Target’s stock is falling because of broader changes in the US economy, the possibility of a recession, and Target’s over-exposure to discretionary merchandise, according to corporate executives and retail and investment analysts."

Originally Posted by David Cotterell

Well, this ought to cause millions of people to a new boycott target.....

It's probably because all they ever do is turn left...

Dave

Originally Posted by Richard Davis

Because a leftist news outlet labels virtually every reaction by conservatives as outrage is not an indicator of "outrage", however leftists' ploys to label every conservative concern to what is happening to the basic structure of society is just that, a ploy. 

That tactic has obviously confused a great many liberals as well as many liberal RINOs here on the forum and elsewhere, that this is some sort of proof of outrage when it is nothing but concerned reaction by those who give a damn about the destruction of the culture and the intrusion into the teachings by parents to their children. 

To explain how it works is simple.  Whenever a group of conservatives shows concern that actions going on are detrimental to the culture and/or society and more importantly impacting their children, the typical and near constant response by leftist media outlets is to label this as outrage

It is simply their new ploy to paint concerned parents and others as hysterics.

Conversely, when liberals take issue with certain aspects of society they feel to be concerning to themselves, those same leftist news outlets, report that reaction as compassionate concern for the weaker amongst us.  

Nonetheless it isn't surprising that the smallest and puniest of minds among us are incapable of distinguishing precisely what is occurring and are oblivious to it, and then buy into the lies of the left and then regurgitate the assertion conservatives are outraged.

Apparently it takes a modicum of common sense to get it, even though that common sense seems to be lacking among many RINOs and leftists. 

Perhaps it can attributed to their lack of common sense or maybe they just aren't bright enough to understand.  

It might boil down to cowardice on their part to take on the left and so they go along to get along with the denigration of the culture in general.   

Originally Posted by Rod Kaufman

"I personally think the drop in Target shares is temporary and reflective of broader concerns, not the righty backlash."
Then you state, "Russ is 100% right."
Huh?! 
And you're darn right I'm taking the word of those noted in my link, "corporate executives and retail and investment analysts", over that of one Russ on the AM. It's their job to get it right and I'd don't believe they're all collectively wrong, apparently unlike you. And they're analyzed the data whereas neither you or Russ have.
Both Russ and Turley are entitled to their own opinions but not their own facts. There's no way in Hyades Target could have lost nine billion in a week because of some  rightwing self described and created boycott because it hadn't even taken off yet and there wasn't enough time for it to take effect. That 9 billion dollar loss was a cumulative loss...

Originally Posted by James Lacey

That's what your precious market analysts say, Rich, not me. Weren't you the one appealing to authority? And claiming you must be right because a market analyst said some gobbledygook? Market analysts say the Bud brand is skewed toward the low-income white crowd.

Besides, don't you see the irony in your crowing about the right-wing boycotters switching to Coors and Miller Light, only to find out that Coors and Miller Light are just as "woke" as Bud? Will you right-wingers now boycott Coors and Miller?

Originally Posted by Greg Shaffer

Yengling for me.....

Originally Posted by Rod Kaufman

Spoken like a true conservative...