I’m tired of all the talk about retail companies going down, sales being bad, revenues etc, The same could be same for M, DECK, EXPR, ANF, ARO, COH, All of these companies hit 52 week lows and have bounced back dramatically the shorts are covering little by little but be weary shorts don’t get too GREEDY! This is due for a massive rebound.. I’ve been an analyst too long, JCP will get it together. STRONG BUY
"I’m tired of all the talk about retail companies going down, sales being bad, revenues etc."
So, if problems are not mentioned, they don't exist? JCP is at least a year or more away from a successful turnaround.The only clear sign of a turnaround will be the return of the customer base and associated rise of revenue. The fundamentals remain whether anyone is tired of talking about it or not. All Soros has done is make the game a little more interesting for now.