The stock has really soared since the beginning of October. I think the stock is worth 27 to 28, so I wouldn't be surprised if it gave back a little bit.
More Quotes from Joseph Beaulieu:
The questioning about compensation on conference calls hasn't gotten any tougher than it was four years ago.Joseph Beaulieu
They have the opportunity to go to the city and say look at all the jobs we can create.
Joseph Beaulieu
It's the right thing to do. Food is a major traffic driver. People who go to Target for groceries will also pick up laundry detergent and paper towels.
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I don't think these companies results have merited getting hit this hard, but investors are getting concerned with consumer spending as we move into the all-important Christmas season.
Joseph Beaulieu
The stock right now is very cheap, the company just hasn't done anything to give investors confidence. Investors are going to have to see proof. I do a lot of store visits and it's very disappointing to see how much is on sale.
Joseph Beaulieu
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