Sat, Dec 27, 2014, 5:38 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

J. C. Penney Company, Inc. Message Board

  • universaldia universaldia Aug 22, 2013 4:33 PM Flag

    JCPenny... Do Do Doooing it wrong

    I warned you guys who were buying during the pump n dump trap after earnings. It only took two days for those pumped up prices to be brought back down to reality.

    I haven't re-entered with my short again yet, but any sort of additional pumping and I will go all-in short on this soon-to-be-extinct department store.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • beetleruss Aug 23, 2013 6:43 AM Flag

      Buying into the hype will trip you up every time.

    • Why not do it now?

      • 1 Reply to douglas_a_myers
      • Because I feel there will be another couple weeks of amateur "stock analysts" writing articles online trying to convince people that JCP has a chance at recovery like they did earlier this week. These little random blogs always seem to pump life into dying stocks.

        I will monitor over the next couple weeks, and once the talk of JCP has died down a bit or if it reaches over a certain relative strength threshold I'lll re-enter my short.

        It think we'll see it gain another couple % before the slow decay that will start to happen. There will be intermittent days where it will lose 5-10% at a time as institutions unload blocks. I'll probably hedge this against another strong retailer (Dillards- who reported good earnings out of the weak earnings of all retailers) just in case there is a retail recovery.

        Sentiment: Strong Sell

6.500.00(0.00%)Dec 26 4:01 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
TherapeuticsMD, Inc.
AMEXFri, Dec 26, 2014 4:01 PM EST
Fluor Corporation
NYSEFri, Dec 26, 2014 4:03 PM EST