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J. C. Penney Company, Inc. Message Board

  • happyperson_1 happyperson_1 Mar 12, 2013 3:44 PM Flag

    Wall street ay it's finest!

    They change hands with millions of shares to get retail folks to buy then all of a sudden drop. You say that with all that volume and a nice move up it has to go higher. Sorry but they picked JCP to play that game. They are similar to the Taliban. They do not take prisoners to keep them alive. Your Money is their gift from you.

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    • Don't blame Wall Street. Capitalism is amoral as every adult should know. Business operates within laws set by politicians. Blame Obama. Blame Bush. Blame Congress. They make the rules - allowing option trading, allowing Hedge Funds to borrow from taxpayer insured banks, allowing banks themselves to speculate, permitting automated computer trading, treating eleven minute trades the same as 11 month trades for tax purposes.

      I am so tired of the uneducated blaming business. Sure, there are scoundrels. But most aren't.

      Blame the people YOU voted for.

10.54-0.26(-2.41%)Sep 2 4:01 PMEDT

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