much of these pumpers creating the fake excitement are not "buying", they are hoping new money floods into this so they can get out at a lesser loss...lmao......
JCP.Q is not worth blowing your money in
you are entitled to your opinion but in reality this is probably a bit risky but I feel strongly JCP will pull out of this.they have been a great company and still have plenty of loyal customers.The store in our area is undergoing a remodel,more modern.JCP is over 110 years old and have survived the great depression and everything else that has come along.true they made a huge mistake with hiring Ron Johnson who cost them billions in sales.The way I figure it there will be NO PROBLEM beating the revenue from last year.Along with the borrowed cash and more operating monies they will be fine.
They are now and have always been customer oriented,and operate honestly,NO bait and switch etc..This is your chance to make a nice profit with a company still doing around 12 billion in sales(estimate)
The face they pay NO dividend now will help greatly.
sell while there is still a sucker on the other side......lol, I'm not even kidding that's the sad part. JCP is in extreme financial trouble, look at the bonds, the cds, the balance sheet, the cash flow....this is not a company that will survive in it's current state.
Common's are the first to get zeroed........