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J. C. Penney Company, Inc. Message Board

  • lu.madar87 lu.madar87 Oct 8, 2013 8:15 AM Flag

    NASDAQ early pre-market 8:38/ up over 8.5%

    Same store sales way UP despite continued blatant manipulation by the financial media to the point of lying and downright incompetence as here, even Dow Jones News prints the total OPPOSITE of truth, ahead of the "correction" that sales are actually way UP, time-stamped exactly same, still trying to confuse investors into dumping and benefiting the shortie hedge funds. CAUGHT RED-HANDED, and of course, NASDAQ website only prints all the bashing:

    Latest News Headlines for J C Penney Company Inc
    J.C. Penney Sept. same-stores sales down 4% YOY
    10 minutes ago - Dow Jones News
    (END) Dow Jones Newswires October 08, 2013 07:56 ET (11:56 GMT) Copyright (c) 2013 Dow Jones & Company, Inc.

    UPDATE: CORRECT: JCP Sept same-store sales up 580bp v. Aug
    10 minutes ago - Dow Jones News
    (END) Dow Jones Newswires October 08, 2013 07:56 ET (11:56 GMT) Copyright (c) 2013 Dow Jones & Company, Inc.

    Sentiment: Buy

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    • Dow Jones forced to correct another misstatement/lie in its announcement -- they like the other financial media are so used to knee-jerk JCP-bashing they can't even write the simple facts like a first-grader:

      Correction to J.C. Penney Same-Store Sales Story
      5 minutes ago - Dow Jones News
      "J.C. Penney Says Same-Store Sales Improved," at 8:09 a.m. EDT, misstated in the first paragraph that the company hadn't made monthly sales disclosures in several years. The company made such a disclosure in January 2012.
      J.C. Penney Says Same-Store Sales Improved
      7 minutes ago - Dow Jones News
      J.C. Penney Co. (JCP) provided its first monthly sales disclosure in several years, announcing that same-store sales declines slowed to 4% last month, as the struggling retailer said sales trends are expected to continue improving throughout the rest of the year.

      SOON ALL THE BASHERS WILL BE REVISING THEIR DOWNWARD REVISIONS SO THEY WON'T BE LEFT BEHIND, WHAT SHEEPLE...If they got rid of CEO Ullman whose lying about the public offering (or as he claims, being misquoted by CNBC, whatever, where are his witnesses/own tapes?) let him follow Johnson out the door, and bring in NEW MANAGEMENT, the stock will soar so fast
      -- Johnson cost 25% in sales in one year losing many loyal customers in the process, it can't rebound overnight, but even with Ullman it's doing so pretty quick. Add fresh ideas/management = newer, better JCP

      Sentiment: Buy

    • which way is up?? "Solid progress"? is that like having a little bit of a flat tire??

      In the fiscal month of September ended October 5, sales for comparable stores were up 580 basis points over its August results, but fell 4% year-over-year. "Over the last six months, we have made significant strides and are now seeing positive signs in many important areas of the business, in spite of what continues to be a difficult environment for consumers and retailers in general," said Myron Ullman, chief executive officer of the retailer, citing "solid progress" on its turnaround

 
JCP
7.72-0.16(-2.03%)Mar 5 4:04 PMEST

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