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J. C. Penney Company, Inc. Message Board

  • rr75_85 rr75_85 Sep 27, 2013 11:10 AM Flag

    Always Darkest before the Squid

    Goldman Sacks exercises its option to purchase at $9.65, The Street got it wrong initially today, but they will figure it out. The only negative news might be MSO, but that's been baked in. If comps truly are up Soros and others are going to make a killing. For now the street needs to figure out what happened and I don't think it will take long until we get positive traction.

    Sentiment: Strong Buy

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    • 60min chart shows temporary bottom at 9.30. Next week 10 - 10.50. Not going to see 11.50 for a long time.
      In the meantime, GS scam or the company might toss out another upbeat news like yesterday, "we don't need to raise liquidity, we are pleased with the Company’s turnaround efforts"
      watch the spike coming

7.65-0.07(-0.91%)4:01 PMEST

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