$21 Next Resistant Point. The only thing I didn't get is a heavy media player like Seacrest or Oprah
That's what they get for meeting guideance....being conservative in future choppy market does not justify a 40% haircut!
No actions are consider positive....Street dislikes Jack.....ground truth this is worth @$25. Shorts are pressing their luck if they don't cover soon. Management/Board have made it easy for shorts.
Maybe the new board hire will be OPRAH...they need a high profile person to force TWTR to stop droppings....valued less than what FB paid for what'sapp.
I think shorts need to question whether they really want to bet against Marvin! Can't believe the dropped below 8 much less back down to low 6's....now what should be left are the investors...speculators should be mostly weeded out. The one thing shorts are forgetting is a nice hefty payment on debt on real-estate will eventually allow them to pay off. Once done you can bet your last dollar a REIT will be formed unlocking the value. I have no doubts that in 2020 JCP will be a $30 stock.