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J. C. Penney Company, Inc. Message Board

  • wilsonsdelitss wilsonsdelitss Aug 15, 2014 5:56 PM Flag

    FRIDAY MARKET CRASHED---and dragged all with it----. monday.. we will go $11.00---$13.00 JCP.. word to ur mama

    yep

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    • I hope you're right on your prediction, because I have another theory as to what happened on friday and what will happen starting next week. My theory is that big boys that got into this stock around january and february 2014 decided to get out taking their huge profits (almost double if you look at what the pps was back then vs what it is now), and now next week they will start bashing and trashing JCP to beat the price down so they can get another nice entry point in preparation for what they know will be a good 11.00 to 14.00 stock by year end. This is just a theory, and if I am right, my advise to all people who believe in the turnaround of this company is to not panic sell if you see the pps go down in the next couple of days or weeks. It's a game and you gotta know how to play it. Patience is the key. Ignore fear when it comes to how this pps plays out in the next couple of days/weeks.
      This is just my theory, but I hope you're right and we see 10.00 or 11.00 next week and then the 11.00-13.00 you talk about without the bashing strategy to beat the stock that I am predicting. Either way, I agree with you that JCP is a 11.00 to 13.00 pps, just not sure when the gangsters of wall street will let it get there.

      Happy trading to all.

      Sentiment: Buy

    • Just for the record the S&P 500 was down one one-hundredth of one percent.

 
JCP
6.59-0.21(-3.09%)Dec 19 4:03 PMEST

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