Sun, Oct 26, 2014, 12:02 AM EDT - U.S. Markets closed


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

J. C. Penney Company, Inc. Message Board

  • ferickleutz ferickleutz Oct 6, 2013 3:27 PM Flag

    Re: Mr. Ullman

    With all of his extra curricular obligations, when will he be able to find time to commit to JCP's recovery?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • His misspeaking (nicest way to put it) about not needing additional funding, night before the Goldman Sachs the SQUID public offering was announced instantly de-valuing existing stock by upto 1/4, Ullman has invited massive lawsuits and lost public and investor confidence in JCP.

      He MUST follow Ron Johnson/ protege of investor Ackman, out the door.

      Reinstating sales and classic items is NOT enough, JCP needs fresh perspective -- if Ullman is fired, the stock will SOAR instantly. Fact that Ullman's not as bad as Johnson isn't enough -- and his idea of sales was so over-done and tacky, Johnson tried the opposite approach. Even with Ullman JCP is way under-valued right now: with new CEO and President, and new marketing strategies, stock will instantly return to $13.00+ levels.

      Sentiment: Buy

7.59-0.14(-1.81%)Oct 24 4:01 PMEDT

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.