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Varchild2008 (84.50)

PERSHING SQUARE's Big Miss on DPS

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July 27, 2009 – Comments (2) | RELATED TICKERS: TGT , DPS

PERSHING Square somewhere back in Q1 liquidated out of DPS. Now Yahoo Finance issues weekly updates on a Pershing Square. Why in the heck should I care? It's there bad.... They ditched DPS based on Valuation getting ahead of itself around $19.00.

PERSHING Square keeps pumping and pumping Target stores..... Are they serious?
I don't mind it one bit if they are doing so purely on the grounds of trying to resurrect this company,
but Pershing Square isn't going to resurrect anything.

TARGET is need of a "Marther Stewart" type to head in and push products people want to buy...
TARGET had a great product in Pepsi's "TAVA" sparking flavored water but that completely stopped for no reason.   Now I have ZERO reason to go into a TARGET store.

Here's my concern with PERSHING Square...

In 1 breath they want to help Target become more profitable and successful... In order to do that Target needs unique products customers want and enough publicity and advertisemen to let those customers know Target's got em.

In Pershing's 2nd Breath they bail out on DPS (Dr. Pepper Snapple Group), inspite of all the Earnings Beats totally based on the success of their product lineup.  Their products attract customers to whatever store they are sold at.

Get my drift?  Pershing Square doesn't have a clue how to resurrect TARGET if they can't even recognize the value of the kinds of things TARGET sells....That being Beverages....That Being DPS.

2 Comments – Post Your Own

#1) On July 27, 2009 at 12:36 PM, Varchild2008 (84.50) wrote:

DISCLOSURE: TGT     I own 0 shares with currently 0 interest in them and 0 confidence in the upcoming earnings announcement.

DPS  I own 476 shares and while I am bullish as ever on DPS.... I strongly believe the Share price at $24.00+ is a bit ahead of itself.... I was hoping it would hover around $22.50  to no higher than $23.25.  

DPS continues to go higher off continued bullishness from Carbonated Beverages....

But, there could possibly be headwinds against preimum beverages.

My recent visit to Walmart was a shocking revelation regarding Crush... Is the momentum slowing?  Granted 1 store experience does not a valid estimation make.....  But....Have to be bearish on the premium side of DPS's business for now.

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#2) On July 27, 2009 at 12:45 PM, Varchild2008 (84.50) wrote:

The correct interpretation is that YES..Varchild wants Pershing Square to come back to (DPS) with a small holding.

But, only on the premise of showing the investment community that you are into pumping TARGET for reasons not having to do with your EGO... but actually having to do with improving TARGET's business.

I'd love to see all sorts of holdings from companys that have top selling merchandise sold in Target Stores...

The truth is that PERSHING SQUARE has a (TGT) investment fund where you invest in JUST  (TGT)....

Varchild finds this enormously naieve...  Why just (TGT) and not any stake or holding in any company which sells something at Target?  Why aren't you asking Target to go out and find better products to push to Customers?

Granted TGT's share price is significantly above their 52-week low.... But, Pershing Square shouldn't be left clueless and befuddled should August 18th, Earnings day become extremely ugly for Target.... If that should happen....And Pershing's got nothing to offer beyond their continued pressure on the Target to do better....

Then where does that leave TGT investors who think their share price will do well because of PERSHING SQUARE?

I personally see the situation looking bad.... but I hope I'm wrong and just over speculating here.

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