Today was a good day. If you made money, please consider going to J.C. Penney and buying something for you and your loved ones. Short sellers can do nothing but badmouth. But you can help JCP rise higher if you open your wallets and give J.C. Penney your business.
Sound fair and reasonable to you? As an investor who made a lot of money, I feel it's the right thing to do to celebrate! Let's work together to make J.C. Penney's next quarterly results even better!
Congratulations on today, good luck for later, and thank you for reading!
I'm officially announcing that I am buying JCP here. Today I purchased 2500 shares at $5.25. Not a lot, but that's just the start. I expect this stock to fall some more as I'm sure the market makers want to scare people like me out. But as a long term investor, I am prepared to buy more on dips and plan to hold my shares for 1 year.
The vast majority of poster lack credibility or make up things, and I don't expect to gain anyone's trust. I am making my bets that JCP will return to double digits by summer, if not sooner. I have my reasons, and here are some important ones:
First, we are coming upon an election in November. The last thing Democrats want is a retailer such as this going bankrupt on their watch. Going lower will not help either, as a weak retail indicator will make it VERY difficult for Democrats to prove that their leadership is working. It is mandatory for them to show the economy is improving, and that means consumers are buying, and that means JCPenny MUST have a turnaround.
Second, Target is suffering since their security breach. That's not in the news, but most consumers who shopped their went to competitors. JCPenney is surely benefitting. People are not spending an arm-and-a-leg to shop Macys and Saks, as much as Wall Street wants you to think. If you ask me, it is THOSE stocks that are poised to fall. Walmart is losing customers to higher-end retailers such as Kohls and JCPenney. These are facts that you will never hear admitted on media.
Third, let's admit we are looking at pure manipulation. This stock has no business being at $5. LMAO!! What an opportunity! We're here because hedge funds want to scare those who were in since $20...30..40...maybe more! This is a shakeout of the highest order, with insiders begging people to throw up their hands and give up! Very few are dollar-cost averaging, but what is worrying insiders now are new investors initiating positions.
It's oversold, period. Will turn soon.
Sentiment: Strong Buy
Ultralume STILL not in the news! From what I can see, a LOT of retail investors made great profits as they lock them in selling in and around $8. We took it up to $8.45 and saw a lot of selling. We took it down to mid-$7, and the selling continued. Curiously, very LITTLE buying on this pullback by retail investors. Surprising, little guy is happy.
And it's just like me to pour water on a fire. You see, the arsonists are the insiders...the hedge funds...the market makers. There is NO fire, but they got the little guy celebrating his profits here. Surely, they are all too eager now to take this up when they are out. But not that the great GEORGEJABBS has revealed this secret to the general public, is it wise for you retailers to buy back those shares that you sold?
That's on your coin. But do remember the word "great" when describing the guy called "GEORGEJABBS" when that happens. I not only own AK Steel...if you are reading this, just know that I own you. For several years now, it is I who has been moving this stock at will, and only the veterans have the unique opportunity to acknowledge that I am money. Publicly they ignore me, but privately they all suck my ____. Call me arrogant all you want. My ego IS huge, and that is because my bank account is too. Either get back on board (and quick) or get left behind in the dust. You have been notified.
Sentiment: Strong Buy
My post was made to reassure long shareholders that JCPenney isn't going anywhere and that the share price has been manipulated down for two objectives. One, to get retailers to sell at a loss. And two, for insiders to accumulate. You probably aren't interested in reasons to be long because you are short, I assume. Fine, that is your bet. But let me warn you, I've been in a number of stocks over the years that were left for dead, only to surprise to the upside and leave all the dreamers still dreaming that they had gotten in. Anyway, sounds like you are new to the markets if you don't understand position initiation. Investors never look for a bottom and buy there. Investors buy INTO a perceived bottom when they feel an oversold condition has been reached. That's where we are sir/madam with this stock. Again, this is not about tomorrow, or Wednesday , or next week or next month. I'm here to stay, and being that I'm a 100% cash buyer (no margin), I've got time on my side. Shorts and options players, well, the clock is ticking on them however.
Good luck to you...may the smarter man/woman win.
The "folks" you are talking to are money managers betting against you. Studies show that mom and pop investors are significantly weaker when it comes to holding stock, and they will sell into fear before the deep pockets decide to cover. But you have big money on your side now. I reveal myself in this manner because it is the only way to get short sellers to take me seriously. They won't now, of course, but as they say in this business, money talks. When you see JCP steadily climb up that bullish channel, my words here will have more effect on them. In any event, relax and enjoy being a shareholder. It will pay off.
I've been trading this stock all day, and the market makers are having a field day with me! Every time I buy, the stock goes down. Every time I sell, the stock goes up. I've been maintaining 20K shares so as to not get shaken out, but they are really manipulating this baby today!
Bottom line, this stock is going to $30+. May not happen soon, but will happen based on what they have been trying to do to me. Keep buying the dips and hold this puppy. GLTA
Sentiment: Strong Buy
You might have misread/misunderstood my post. I am not a day trader -- what happens on Wednesday is irrelevant. You are talking to a long term investor. And the points I made are all based on a long-term strategy. If it goes down, great...I'm buying more. If it goes up, I may consider adding to my position based on what I hear in the conference call and my own analysis of the report.
Whether you are buying it or holding it, are you frustrated enough??
Everyday, you must have noticed other stocks that are kicking butt and taking names, but this pos has been hugging $6 for...like...forever! You ever consider that it is time to just dump this garbage and make your money work somewhere else?
Don't take my word for it! Just look at other housing stocks that have gone down and then back up. HOV has been at $6 and has no idea how to go up. Just dead money if you ask me
On the contrary. News like this on a weekend means that the stock could open $20+ on Monday.
Apparently you haven't been playing this game long enough to know who is who. Those giving you the thumbs down represent any entity that prey on the retail investor. These message boards are free, and knowing that, the people in here who post 24/7 work for short sellers, hedge funds, market makers, Wall Street, insiders, anti-retail investors. Better to just post your opinions or thoughts here, but know who your audience is. If you sound like the typical dreaming long investor, chances are good that you will get attacked. On the flip side, if insiders are quietly selling, they will hammer you if you even hint about selling. Look for clues. The same cons that were calling for $70 when this was trading at $8+ are still here. Go look at my history. I told people to sell. In retrospect, you can see that if you had listened to me, you would be sitting pretty. Now I've been kind enough to give you this much explanation, and if you return with an insult, then it serves you right to be treated like an idiot too. So think about what you say back to me before you post it. You want logical explanation, I gave you some. And if you want respectful discourse, then you have to appreciate people who take time to give you a respectful response.
Took a 2+ week vacation, visited places in the continents of Europe and Asia, and had a very refreshing and energizing time. But you traders will be surprised to know that I left all my tech at home. That's right, no access to quotes. And like the title says, it was tough! During that time, especially in the beginning of my trip, I wondered will AKS soar to $7 or $8 or more, or will it drop back to $4. And today I see we are still around $6! LOL!!!
Folks, I've learned today that spending too much time waiting for a move is time lost enjoying your lives! Those 2 weeks were great, and now I'm back. But all of a sudden, the stock market seems so boring. Already planning my next trip. South America is on my mind actually. So you might be short, or you might be long, but don't forget...you are human first.
I'm here now with my loved one! I am laughing my rear off as I take some free time here to post on yahoo message board! RLMAO! Anyway, I know goldie's peons are reading this, and I just felt a strong inclination to rub it in. Yeah, you're sitting at your desk trying to get retail investors to part with their money, and I'm doing what you dream about doing!! But hey, it's the holidays so I can spread cheer. It's beautiful here, great warm clean sands, sexy hardbodies, fun activities!
Anyway, AKS still at $6?? It's been there for nearing a month now. Those of you who are waiting for higher need to realize that you are sitting on a double. Why risk the chance that this will drop back to $5...maybe $4? Do as I did. Sell some. Use the money and explore the world. That's what money is for. Life is short, and you only have so much time to experience places. Let the Goldie peons work. You deserve a break!
These message boards amount to a hill of beans really, but I post my thoughts anyway for a variety of reasons. But what I find very interesting is that here we have a stock that has more than doubled in just the last few months, and yet the activity on this board is quite minimal. Compared to other stock message boards where the stocks haven't moved but it seems the whole world is posting there, I hear nothing but crickets on the AKS board! LOL!! I am not complaining, I don't care if others join the party actually! It's enough that they few regulars here collect and enjoy the spoils! Nothing wrong with that! But it does make me wonder how many people in this world are missing out on making money if they failed to see this one, and its recent performance should have naturally attracted new message board participants. No, not the aliases, but real and new people. I don't know if anyone reading this can relate, but I'm sure that if you are reading this, you are one of the few that has struck a goldmine as I have...well in this case...a STEEL mine! It's a feeling of elitism to be one of the few longs and am happy to have been in the right place at the right time, if you know what I mean. Merry Christmas to all of you! Hope your 2014 is prosperous!
maxactionjunkie, believe me when I say that I NEVER rate anyone, but you deserved a thumbs from me and got one. I did it because you are real. 99.9% of the people who post here are not real. Their thoughts defy logic, they talk to other idiots and try to give them credibility. Just take a deep breath and relax...and focus on your own goals. In here, you will get exclusive pumpers and exclusive bashers, and what makes them fake is their unwillingness to change direction. Just KNOW that. They pump when their intention is to sell higher. They spread fear when their intention is to buy lower. If you put your blinders on to their noise and strictly follow the discipline of buying low, selling high then you will never go wrong. Truth is, these idiots trade. They don't hold forever, they don't short forever, and they certainly don't care about you. They change directions as often as they can as long as the mantra of buy low, sell high is fulfilled. Stay true to that...ignore everything else.
jimmy, I've been in this game so long I can do this blindfolded. Those #$%$ have been trying to shake people like me out for a long time and every time they try, I stick it up their #$%$. They simply can't beat someone who is smarter than they are. Anyway, that's goldie for ya...just a bunch of privileged people who would be the first to die in a no-holds-barred fight. #$%$' pansies the lot of them. $15 is just the beginning. Hold this baby and be wealthy, man.
I've been close to 100% correct moving in and out of this stock, and that experience alone gives me confidence and authority to make my claim. As you know, the message boards are flooded with people saying one thing and doing the opposite, trying to screw other people. I am one who would like the little guy to go along for the ride. If AK Steel makes millionaires of just a few like you, then so be it. Can't force people to take easy money.
Hey vinodkhanna595, thought you didn't like me! Anyway, thanks for listing me as #1 on your bull list! I'm really honored, even if it is only one person who acknowledges what I posted here when this stock was trading at all-time lows. It's good to be owning AKS right now, huh? Good luck going forward!