Students enrollments are critical. uncertainty about future accreditation may have students stray away.
This company should be removed from DOW like those old steel, paper companies. ROI is too low to be justified as an investment option.
This stock reminds me what Sears performed last year. Most bashers thought Sear would broke since it lost money quarter by quarter (still does). They drove it down to $29 (most shorts) then it became a best performer last year. Sears is still losing big money every quarter but shorts have no clue why they burned themselves. JCP will do the same, watch out. I like my JCP holdings and like to see more short interests so thicken nerved investors can buy more.
like your comments. it works both for long and short. No one can squeeze longs unless you are a weak hand.
"long" investors would like to read your posts. "short" hates it. I bought some and may buy more and all your kids' college. All recent hypes remind me my previous LCC and BBY purchase, when things turn ugly, I like to step in with my two cents. Odds are that most hypes are not real. LCC was driven down to $1.47 and survived, BBY to $11 and survived. They are better and better. JCP has Soros and GS as backing, it will thrive. Personally I don't like Soros's news (if Ichan, better) but GS is so big for me.
do you imply that it will increase after Jan through your historical chart analysis? If all follows what you think, they would be all bunch of losers.
Take positive side, when stock price drops, buyer buys stock and sell covered call to lower his purchasing price. Straight option buyers may think stock price will be higher than $50 by November.
From sellers' view, retailer investor with covered calls cannot hold on, so they buy to cover and then sold their shares at a loss. Then option sellers will still be new stock buyers. For profitable company, taking a loss at this level is not a smart move.
I am so thrilled by reading this great new. Only thing I worry now is that they can live up with what they said and not bend it by last minute. We gotta be firm instead of naive being.