ooooh, you are soooo smart that it isn't open on Saturday. Good luck losing more money.
Tdameritrade you can margin anything over $3. For example I margined SIRI once it reached over $3.
So yes, it will fall near $2 in about a week. Good luck holding and wishing. good luck
My short positions are making a killing. And I won't cover until under $1
Good luck trading and losing money!!!
Book it Danno!
Looks like it.
Because analyst came out with report saying that in meeting with management, management said they may "reorganize" in first quarter of 2014 if Holiday Sales do not improve. The report said, JC Penney may run out of cash next time this year....so, possible bankruptcy.
How do you figure that with only $7 million in revenue? And they are burning so much cash that they will be bankrupt in a year.
not moving either way.....crazy trading.
This stock is worth $10. Buy all you can. Any stock that has $7 million in revenues and $220 million in debt is worth gold. Do the math.
I believe fish oil can cure cancer.
You know it and I know it. After today, the stock falls further with:
(2) negative articles
(3) forced margin selling now that it is not marginable. WOW!!!!!
OUCH OUCH OUCH OUCH