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J. C. Penney Company, Inc. Message Board

  • invest75 invest75 Oct 9, 2013 11:37 PM Flag

    2 GREEN consecutive days GREEN Close

    has to be seen as positive - No pop yet but stabilized here for sure !!

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    • Go to the NASDAQ website which is the official one: "COMMUNITY RATING: BULLISH" FOR THE FIRST TIME SINCE THE DEBACLE OF THE GOLDMAN SACHS PUBLIC OFFERING - YES, stock closed up 2 days in a row and the key is that the lows have been higher every day/ BOTTOM DEFINITELY LONG PAST, and intraday highs have been upto 8% higher each day for big swings.

      More and more articles about how this stock will hit and soar past the 9.65 offering price soon (GS shorted and hedged the #$%$ out of this in their two-faced way after the offering but now their clients who bought at that price expect a significant return). That, the short squeeze, and new BOD pick, improved sales incl. 25% online increase and more good news to come: only a fool would keep trying to bet this will go down more.

      Sentiment: Strong Buy

 
JCP
6.500.00(0.00%)Dec 26 4:01 PMEST

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