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Western Lithium USA Corporation Message Board

cjclink3 7 posts  |  Last Activity: Jul 15, 2014 5:36 PM Member since: Sep 29, 2010
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  • more stock buybacks or a 1 time dividend? If it's a buyback, I'm not interested. Long time investors deserve a dividend. And, please don't say they need all that capital for acquisitions.......they've spent a lot for Tumbler and others, and I don't see results. That doesn't even count the ridiculous pay/severance to the highly overrated Henrique De Castro for 1 years worth of work.....talk about just throwing money on the ground!!. Marissa wouldn't have slept through that meeting in Cannes if she wasn't trying to do both her job and his job...........just to make up for that debacle..

  • Did anyone notice tha 455,000 shares were traded today compared to a daily average of 67,000 shares? Yet no news, and up roughly a penny. Any comments on that? Was this just another odd day, or is there something we don't know behind it.

  • I guess with 30% of the shares short, every hedge fund mouthpiece has to write at leat 1 article per day i.e. "JCP, Not Out of the Woods", "Don't Catch a Falling Star", yada, yada. There should be a contest for most articles per day on a stock.written by retail no nothings.
    In 2 years when this stock is back in the $20s, they'll all be citing Myron Ullman as the comeback kid, premier retailer, etc. He's a smart and prideful CEO, who was shamed and put out to pasture prematurely by Bill Ackman, that serial human wreckking ball of corporations. Ullman has all the shorts in his sights right now, and it's going to be painful when the shots reach teir targets.
    His recent decision to stay on as CEO, rather than step aside, tells you how sure he is of JCP's revival. This is a wounded animal, now healed, who wants some revenge. So........write on.

  • cjclink3 cjclink3 May 21, 2014 1:46 PM Flag

    All these downgrade articles are like an orchestrated wrestling tag team match where they a new guy jumps in keeps beating up on JCP. Never seen such journalistic obsessive compulsion about JCP and 90% read the same. Regardless of the changes brought on by Myron Ullman, they must 1st recite history, mention Ron Johnson/Bill Ackman's debacle, and cut and paste the same data from each other's articles. The funniest ones are those that say JCP "took a chance" on releasing Johnson (what......after he took the stock from $40 to $10!!).
    They are all short the stock, so it's a self-fulflling prophecy as they scare the hell out of weak handed investors. 2 months ago, while listening to Pete Najarian on Fast Money emphatically say JCP "could to 0", a close friend sold her 2000 shares at $6/sh. She hasn't gotten over the money that left on the table.
    That's the way it works folks and there's nothing you can do about it, so just hunker down and wait it out until JCP keeps proving itself. Personally, I sell calls. On the earnings announcment, I sold 40% of my stake at January $11 strike price. That put a lot of cash in my pockets, lowers my cost basis now to $6. I can always buy those calls back as the shorts continue the tag team match.

  • Here are synonyms for fatuous from the Merriam-Webster dictionary.
    airheaded, birdbrained, bonehead, boneheaded, brain-dead, brainless, bubbleheaded, chuckleheaded, dense, dim, dim-witted, doltish, dopey (also dopy), dorky [slang], dull, dumb, dunderheaded, empty-headed, stupid, gormless [chiefly British], half-witted, knuckleheaded, lamebrain (or lamebrained), lunkheaded, mindless, oafish, obtuse, opaque, pinheaded, senseless, simple, slow, slow-witted, soft, softheaded, thick, thickheaded, thick-witted,

  • shorting the stock, so we had to do something about the squeeze. After all, we do have the power. Regarding the debt, remember Ford, liquidated assets when everyone was filing BK and borrowing from the gov't. They went from $1.50 to $15 in a year. Remember JCP's Plano property development. An eventual sell could reduce the debt significantly.

  • Reply to

    Cramer is a jerk

    by bearsrunfrombulls May 19, 2014 6:33 PM
    cjclink3 cjclink3 May 19, 2014 6:54 PM Flag

    I own JCP at $7, and a much, much more Rite Aid at $3.20 cost avg.. People said the same about Rite Aid last year, when it was $2-$3 share, and it's now nearly $8/share. I guess shorts get some satisfaction out of making a fractional dollar on a pullback ,but you could have invested and made the big money as it goes up. Note: however, I do sell laddered calls during these short attacks, and buy them back later. I'm up a fortune on these 2 companies while watching a short scream in a capital letters for a $.50-$1/sh downturn?
    Finally, why wish for bad things to happen to companies and people? RAD and JCP employee many 1000s of people......you want them to be unemployed in this lousy economy? No one's hiring....this is your country.
    Finally, take a look at Bill Ackman who nearly ruined Penney's and is trying to do the same to Herbalife (I don't' own H'llife). Again,1000s of people will be out of work if he succeeds in shutting them down, and I guess he's proud of it. Just a rich kid with a wrecking ball.......that's your role model in life? Oh I forgot,Ackman's hedge fund made 10-15% in 2013. You could have made that throwing darts last year.

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