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J. C. Penney Company, Inc. Message Board

  • edblue1003 edblue1003 Aug 7, 2013 10:36 AM Flag

    JCP is a LOSER and why this is so....

    First, the company's stock price is indicative of this. Making MULTI YEAR LOWS going back YEARS on huge volume says something. And when desperate 'investors' pray for any improvement the poor fool gets no divi for their 'pins and needles' wait. Second, this LOSER hires a CHEESE marketing exec to run its clothing and accessories business. Yeah, that makes a lot of sense! Third, this LOSER company is burning cash flow as an astounding rate. Good grief, soon there will be nothing left. Fourth, it is tied up in this embarrassing law suit over Martha Stewart, another has been company. Even former CEO Johnson spent something like $40 million to invest in Martha Stewart only to see the investment dwindle by 66%. Martha Stewart should just stay with Macy's who doesn't even need the brand. Oh, by the way, the only time Martha Stewart has seen a profit in the past 15 years or so is when another "Titanic" company named KMart invested in it. That should tell you something. And, finally, when you have someone like Bill Ackman (a hack)
    flexing his muscle you know (as an investor) you are in trouble. THIS COMPANY IS A LOSER and I feel sorry for its dedicated employees working the floors of each store. They deserve better than the 'hand dealt them'.

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    • It's all WallStreet's game, just look at BBY couple of months ago... Don't fall into their trap, I am accumulating shares now.

      Sentiment: Buy

      • 1 Reply to gltatrades
      • COMPETITION...in this Biz is........WINNING over the $PENDERS ...$$$$

        for years... ..I used to like JCP....they opened a SMALLER store in the mall..

        mainly kids and ladies stuff...I could barely find...MENS socks..
        limited denim section....I walked out....two years ago..

        THE OTHER nearby MALL store was doing some construction..specialties.
        it is a LARGE store..two floors..I Will have to check out what they did...
        I Don't like malls...anymore...
        .OBVIOUS...weekdays...
        a few hundred shoppers...in all the mall.... JCP might have had TEN on a floor..
        it's EZ to see...people are shopping elsewhere...
        JCP playing catchup.......for years....too late?
        ask CIRCUIT CITY...WARDS....etc....

 
JCP
9.66+0.17(+1.79%)Jul 29 4:05 PMEDT