Posts Tagged ‘hedge fund’

Think Your Target Stock Investment is Down?

Posted by Tarjay Investor on February 9th, 2009 under Uncategorized Tags: , , ,  •  No Comments

Well, you probably aren’t feeling it as much as Pershing Square’s William Ackman.  Ackman set-up a hedge fund solely to invest in Target stock.  Obviously, this has not panned out as the wisest investment of Ackman’s career.  The fund is down over 40% YTD (that’s a lot) and nearly 90% overall.  Ouch.