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J. C. Penney Company, Inc. Message Board

  • wlblt7 wlblt7 Mar 14, 2014 9:22 AM Flag

    What JCP needs to move

    1) Execution of the turnaround strategy which translates into improved financials. It does not need a huge improvement - just enough to show optimism that the plan is working
    2) Followed by CEO Ullman making the rounds and making a few positive statements in interviews, etc
    3) Hopefully lack of overall market troubles due to rates,politics, or flavor of the month problems
    All those things combined can set the stage for a stock firmly in 20's over the next year...total gamble on Ullman and team's execution of turnaround strategy and customer acceptance...I am banking on they will succeed...own 1,000 in the 8.625 range
    We shall see!

 
JCP
9.47+0.32(+3.50%)Jul 25 4:01 PMEDT