Mr Hench pointed out that in the event of J C Penney Company Inc (NYSE:JCP) managing to “get their debt in order and raise cash and get their customers back, which they have done and make a little bit of money”, then the stock would be a strong performer.
words conveniently omitted, whoooppsie......"which they have done".
Hmmm, when I read and reread my post those words were NOT omitted, maybe you should take some of your profits on this stock and buy a new computer.
On a side note the words "which they have done" was preceded by "Get their customers back", which by any metric you want to use HAS NOT HAPPENED so "which they have done" is either a lie or error or omission, take your pick
I could care less what the losses they announce in 3 weeks are, no action required on my part. Maybe you get a wonderful number and the PPS blips mid double digits, still has not changed any fundamental in this company. When a fundamental changes, so will I.