"a lowlife loser posting nonstop on a message board"
You ain't whistling Dixie, jbe..This low life, who has no life, is now the leading poster on the newly revised JCP board. The leader of the pack by far,(count them), painting his black pictures of JCP while the JCP PPS is now UP 42% YTD!
The good news for him is SEARS has now returned to selling paint...He'll be assured that they'll be plenty of black paint available to him...Too bad he's lost so much money shorting JCP one could say, he does have limited funds, somebody should tell him He IS making a monkey out of himself.
OHHH correction, some already has...
lancer was ready to order his happy meal as JCP was trading down today, then the rebound because
"J.C. Penney (JCP) Stock Closed Up After CEO Ellison Purchased Shares
August 25, 2016
NEW YORK (TheStreet) -- Shares of J.C. Penney (JCP) closed higher in Thursday's trading session after CEO Marvin Ellison purchased 50,000 shares today, according to an SEC filing. The stock was bought at a weighted average price of about $9.92 a share, according to the filing. J.C. Penney is a Plano, TX-based retailer. Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C. J.C. Penney's strengths such as its solid stock price performance, impressive record of earnings per share growth
and compelling growth in net income are countered by the fact that the company has favored debt over equity in the management of its balance sheet. You can view the full analysis"
More upside tomorrow?...
Looking for bad news in all the wrong places.
"J.C. Penney Co. is in a surprising position more than four years after it was almost run aground by a former chief executive officer: It could be the last department store standing at your local mall".
Looks to me it will be lancie running aground, when all is said and done..
"Oops...now it has dipped slightly into the red. Wonder how the day will pan out. I thought turnarounds were supposed to go in the opposite direction. Oh, golly!"
No need to wonder lancie, turnarounds do indeed finish up as the chart on your right indicates.
Better luck tomorrow, eh cookie?
Say, what? That PDS of yours needs to be addressed. Haven't you heard about how sound the JCP pension plan is?
The Pension plan "is overfunded", get with the program, heh?.
JCPENNEY ANNOUNCES ACTIONS TO FURTHER DE-RISK PENSION PLAN
October 02, 2015
Company offers lump sum program; Prudential to assume benefit obligation for many retirees
Transactions expected to reduce $5 billion U.S. pension obligation by 25-35%
No cash contribution required
Plan expected to remain overfunded on accounting and ERISA bases
Prudential selected to assume the benefit obligations for up to 43,000 retirees and their beneficiaries
No change to active associates or their pension plan benefits
PLANO, Texas - (Oct. 2, 2015) - J. C. Penney Company, Inc. (NYSE: JCP) today announced actions that will significantly reduce the benefit obligation of its qualified pension plan ("the Plan") without requiring any cash contribution from the Company. JCPenney recently completed a lump-sum offer for select participants in the Plan, and it has also entered into an agreement with The Prudential Insurance Company of America ("Prudential") to purchase a group annuity contract that will settle a substantial portion of JCPenney's remaining retiree pension benefit obligations. After the closing of these transactions, which is anticipated later this year, the Plan is expected to remain over-funded on both accounting and ERISA bases, and the Company expects that it will not be required to make cash contributions to the Plan for the foreseeable future.
Ed Record, chief financial officer said, "We are grateful for all the contributions our retirees have made to JCPenney. We are confident that Prudential, an expert in this field, will provide great service to our retirees receiving monthly payments." Record continued, "These actions not only continue to provide excellent benefit security for our retirees, but also further the Company's objective of de-risking the Plan.
Poor little shorts, they believe - without any doubt - that JCP would fail. While the rest of the brick and mortar retailers are backtracking and closing stores, JCP shorts persist in thinking Marvin is making a mistake by not closing massive number of stores, like them.
Doesn't occur to them that JCP is taking business from their competitors that ARE closing massive numbers of stores, and JCP has been paying down debt, and improving credit ratings.
The fantasy they have lived for the last 3 years, a chapter 11 bankruptcy, was so real for them the start of 2016...but sadly, it was just another continuing delusion.
They never seem to learn from the failed efforts of the naysayers.
Indeed JCP has taken a lickin, but they do keep on tickin, upwards since the start of 2016.
Second, Ohhh Well.
"It must be frustrating for you"
Turnarounds Take Time, Alloro, notice, 3 t's?
Any Big investment predictions you may have?
Monday, January 16th Martin Luther King, Jr. Day 2017 will be here before you know it!
Now how's that for a gotcha moment?..
No fun without markit!.
lance to missing a 't', missing a "t" back to lance...Really putting one over, no one will notice.
How much is JCP up for month of August?...That is the current month we're in, right?..Up 4%.
Now we'll get that backward rear view picture, from Shorts Inc.
Their hope is fading as JCP trades in double digits, IMO.
"now that's it's up 20-cent intraday"
He's been away sooo long, hasn't noticed that JCP this year has gone up an eye popping $3.54 or
Dang that's a sure sign that the tttttturnaround is working.
To tell all his many, many. followers, (aliases), just when JCP bites the dust.
Guess he'll keep trying though, it's that Disaster anyyyy day now, thing he has.
PDS it's called.
Up another 21 cents today?..$10.30.
Lets help a needy short out, some therapy to keep the embers from going out..
"Mary Ross-Gilbert slashed her price target on J.C. Penney shares to just $1"
Repeat as needed...lol.
"Tells you all you need".
Try looking ahead, not thru that giant rear view mirror of yours.
Well, Well, Well...Look who's back. 'My lucky charm'.
We were fussing and feuding in the single digits, and here we are in double digits.
And 'You Know Who' is still dreaming that JCP won't make it...
Let me welcome my lucky charm back, with the words of another "You Know Who", who said, "J.C. Penney's (NYSE:JCP) quarter showed that malls are back. The company reported lean inventory,
strong sales and huge cash generation. He believes the growth in the housing market is benefiting J.C. Penney. "Penney sounded not like the Penney of old, but much better than the old Penney before it was almost destroyed by terrible management," he added".
Have ya gone Long now, Laddie? We'll be going higher.....
"Not like any turnaround I've ever seen"
The extra wide RM011 Clip-on wide angle rear view mirror on sale now at Amazon, only $8.73 with Prime, not that missing a T needs one. His rear view mirror is most likely much, much, bigger
His mirror is soooo big, you can hardly see what's ahead.
Many months ago, for me. But ahead IYAM....Sir Walter and I have lots in common...Hmmmm a pun. Who said DCA doesn't work?...
And how's this for timing, "Barrack Says U.S. Real Estate Market Is Getting ‘Bubblicious"
For the first time, I'm proud of my Prez! lol.