JCP employs directly over 100,000 americans. Indirectly
100 of thousands more derive their income from Jcp. So to cheer lead for this companies failure is just plain out nasty and cruel. If you want to short a stock to make your $ thats your business. But please take no satisfaction in it. Thousands of real people lives are being effected by this.
Under Johnson they fired most worker making over minimum wage.
Shorting a stock doesn't change earrings like getting rid of experienced works does.
A short seller is taking an unlimited downside risk and a limit upside. If the short seller is correct why can,t she be happy if her take on the stocks future movement Is correct?
nice try baggy. THATS WHAT CHAPTER 11 reorganization is all about ! The company and its employees are easily savable at this point. Common bagholders and unsecured creditors lose. Tough sht. So save the false premise, and the bleeding heart liberal BS. Dismissed.
You beat me to it - - - - - - moron doesn't realize the best JOB protection most of the employees could have at this point is a reorganization - - - - the 401K holders would be skrewed but they should have been able to see the writing on the wall long before this - - - - - - - from his/her other posts expecting too much from this poster is just wishful thinking - - - -