Thu, Apr 24, 2014, 12:39 PM EDT - U.S. Markets close in 3 hrs 21 mins


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

J. C. Penney Company, Inc. Message Board

  • kellyf646 Oct 31, 2013 12:36 PM Flag

    Kyle Bass " I think all they have to do is stabilize to see double-digit comp gains." ~ Marc Lasry “It looks like everything is stabilizing,”

    Kyle Bass ~ "I think that men on this team will be able to stabilize J.C. Penney ."

    “It looks like everything is stabilizing,” Mr. Lasry said
    Mr. Lasry said. “It’s kind of hard for this company to end up in bankruptcy when it has $2 billion in cash.”

    Mr. Lasry said interest payments total only about $500 million over the coming years and that J.C. Penney should start making money again next year, making it unlikely to run into as much trouble as the bears think.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Mr. Lasry said ... J.C. Penney should start making money again next year

      Hmmm - - wonder how he pulled that rabbit out of his hat - - it's quite a leap from "stabilizing" to "double digit comp gains" to "making a profit" - - - - - - -

      I could have a company that is "stabilizing" that is losing money, and having "double digit comp gains" at a "margin" insufficient to "make profit" - - - - - - all in all - - - - - - a really worthless "cut n paste" - - - - but then again I consider the source !

      Bottom line - - - - I sold my cows, so I don't need your bull !!!!!

8.12-0.03(-0.37%)12:38 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.