DUHH MOMENT! SALES ARE STILL DOWN 24% FROM 2 YEARS AGO! STAY AWAY HERE, TOO EXPENSIVE STILL!
JCP reported sales were up .09% from a year ago same time, but.........sales were down 25% then, thus sales Historically are still down 24%!! I will use this pump to dump and get out before the crash to $5.00. JCP's sales would need to grow another 24% to just reach sales numbers from 2 years ago, then factor in new Debt Service payments and JCP needs to grow sales another 25%, total sales needed then is 50% from here!! Now figure in bad X-Mas sales projected, with a "Debt Limit" fight in Washington, and you get JCP going BK!!!!!!!!
ok, i'll be your Huckleberry. Sales down 24% from 2 years ago - so the stock should be down 24% from where it was 2 years ago - at $33? I"m long. I'll take $25 a share...lol shorts are hilarious when they are getting ripped a new one.