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J. C. Penney Company, Inc. Message Board

  • bakedinalready bakedinalready Apr 26, 2013 2:38 PM Flag

    Squeeze Over. Crashing, As A POS Should

    All "gains" will be given back within a few days for this bankrupt POS. Soros & Ackman are #$%$ and it's good to see them lose. Soros recent big buy was MCP. He dumped that in a hurry as it crashed. Just because these pigs buy, doesn't mean they know what they are doing, and doesn't make a company's debts and problems go away. JCP is finished. A squeeze was expected on any "news", even if it is superfluous, since half the float was already short. That's what motivates these #$%$. But just because the filthy rich gambling ego freaks buy something, doesn't make the company worth more, doesn't make more customers come in the door, and doesn't make the debt go away. They are still losing $4.49 per share. Just imagine that. In business to lose $4.49 for every share! And $3 BILLION in debt. Maybe Soros & Ackman can pay their debt off with their personal funds? Fat chance. They will stick it to shareholders every time, because, after all, that's the way the game is played now. Screw the little guy. Well, I say, screw them.

 
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