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J. C. Penney Company, Inc. Message Board

  • neffrocker neffrocker Aug 29, 2013 6:37 AM Flag

    YES BOND HOLDERS HAVE SOLD OUT OF JCP!!!!!

    WHEN BOND HOLDERS SELL,,=== THEY THINK the COMPANY CAN NOT MAKE IT,,, SO IS CHAPTER 11 Bankruptcy NEXT,,, SELL SELL SELL,, ACKMAN just SOLD at a 50% LOSS,,,, WHY,, because you all think JCP is going up NO WAY,,, LIQUIDATION COMING DO YOU THINK????

    Sentiment: Strong Sell

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    • If you use caps like this it must be true I'd better SELL SELL SELL like you say. The short trade may have limited gains from here that was a big winner until now. Any good news on SS sales or improving comps and it is a long way until the next report and this stock is at $15 or better. Good luck with the short at this point of the trade. Intra day shorts will work for awhile but stabilization first now that Ack and RJ are gone and then higher I believe.

 
JCP
7.37-0.03(-0.41%)Feb 8 4:02 PMEST