The market giveth and the market taketh away. The stock is up from $.76 low over past year. What more did you want?????
I don't believe this story for one second, any more than I believe in the ridiculous values of BLDP or PLUG. The only thing these companies do is lose money, and lots of it.
More bad news for JCP. WAL MART earnings just released and they are not good. That is going to put downward pressure on all retail. MASSIVE LOSSES are on the way for A.J .Daniels.
I enjoy Alan's postings because they are about investments. There really isn't a whole lot to say about Pfizer at this stage of the game. But I can't stand all of these political postings.
I thought Alan was smarter than to bet on the fortunes of JCP. Some if his put writings make sense but the JCP one is going to cost him big time. Why bet on the fortunes of a company like JCP that has NOTHING-- bad management, huge debt, and nothing to differentiate itself from so many competitors.
There's no way JC Penney makes it to June without a BK filing. Maybe this one will teach Alan some long overdue humility.
Not looking good for JCP, which would already be out of business if not for that sham stock offering a few months back. Believe Alan is on an extended vacation? He might get back and not like what JCP looks like!
I can't stand Obama either, but posting message after message on here isn't going to do anything!
Whoever you are ----Your time would be better spent working on figuring out a way to get him impeached or helping his opposition in the 2014 elections.
That's what I'm talking about. Down 8% today -- my puts might still cash with one more bad day tomorrow
I'd sure hate to be a JCP bagholder.