good read on jcp herehttp://www.fool.com/investing/general/2012/03/30/is-j-c-penney-a-cash-machine.aspx
It certainly is for me! My 50-put position is up 56% and has over 1-1/2 months to run. My 30-call M position is up 72%!Both companies announce their EPS early in the week the options expire and I expect a nice move at the end.My 50-put MSO position is well in the black, but when you buy puts on such a cheap stock, there isn't the same upside as with JCP.Patiently waiting for the court to rule!
dude you sound like a retardmaking up things and bragging about it loldoes that make u feel bigger? lol lol!!jcp's retrenching and retooling, rj is a genius
Better read on JCP here:http://finance.yahoo.com/news/penneys-pricing-strategy-takes-toll-203850527.htmlRevenue to drop more than anticipated!Don't forget, the deal with MSO at risk because of court case with Macy's
okay, but;"a top industry analyst says the department store chain should stay the course because the new tactic is likely to resonate with its customers."did you read that ?further, a revenue drop is fine and part of the plan imo.they're going thru a transition phase. no probs.still bullish on jcp and mso.