JCP will also have a challenge getting rid of underperforming real estate because they have loans against it,
A few years? 1 year or less. If christmas season is bad, watch out!
Not giveaway options. JCp shares they actually purchased?
Over last 3 months? 6 months? 1 year?
Let me guess, there has been a year long quiet period on JCP.
Oh, I see dumass so why didn't JCp use equity raise at $24 instead of the $1.75 billion loan from GS?
Guess an equity raise at $10 was better for shareholders!!!
With all that $11 billion in RE that you allege, they could have just sold off a few billion.
Wonder why professional appraisers valued JCP RE at $2-$4 billion?
They must be lying of course.
Is it because they have little RE equity left to borrow against?
Remeber JCp already loaned about $2 billion against its RE.
Cushman/Wakefiled valued JCP RE at $2-$4 billion.
Longs saying JCP RE is worth $11 billion.
IF JCP has $11 billion worth of RE why didn't they get a $1 billion loan rather than dilute shareholders?
JCP has loans against its RE.
Cushman/Wakefield value Cps RE at $2-$4 billion.
Funny how longs trash Ackman and say he was wrong about everything now you use Ackman and one of his alleged RE valuations!!! LOL!!!
JCP Keeps Crumbling After Citi Says JCPenney Stock Worth $1
google that headline Sep 26, 2013, 9:39 am EDT | By Alyssa Oursler, InvestorPlace Assistant Editor
Does Ackman know more or do we?
Ackman told investors that he remained bearish on JCP as of Oct 2.
Did GS buy JCp puts or CDS?
Losing blood is just noise.
Lots of secret things going on behind closed doors, trust me. Can't provide any data or facts to back up my claims, just trust me.
Many, many facts about JCP out there.
Didn't JCP report that its Sept sales were down 4% In Sept From YOY numbers?
And that was an EASY compare.
Isn't JCP maxed out on RE loan?
Didn't JCp dilute shareholders?
Isn't JCP facing M and shareholder lawsuits?
Hasn't JCp lost at least $1 billion this year?
Hasn't Buffet said recently that turning around JCp will be very tough?
Didn't Ichan say he is staying away from JCP?
Didn't Ackman say on Oct 2 that he remains bearish on JCP?
Of course, all just noise, I will trust you even though you provide nothing.
No makin you are wrong. The numbers are as of 10/15. This was after dilution and AFTER C placed a $1 target on JCP.
JCp sure is unique! Who will vendors sell to if JCP goes out of business?
Ever visit an ocean board walk with dozens of vendors all selling the same thing?
Abercrombie & Fitch
Abraham & Straus
Against All Odds (clothing retailer)
Al's Formal Wear
Alkemeyer Commercial Buildings
American Eagle Outfitters
Anchor Blue Clothing Company
Arthur Freeman (clothing retailer)
Barneys New York
Ben Cooper, Inc.
Best & Co.
Bigsby & Kruthers
The Blues Jean Bar
Buckle (clothing retailer)
Camp Beverly Hills
Casual Male Retail Group
Charlotte Russe (clothing retailer)
Chico's (clothing retailer)
Christopher & Banks
Coco & Breezy
Colorado Trading & Clothing
County Seat (store)
Coup d'etat Brooklyn
Donna Karan International
Express (clothing retailer)
Fashion To Figure
Femme for DKNY
Forth & Towne
Frederick's of Hollywood
Garment District (clothing retailer)
Work N Gear
Halle Brothers Co.
Halls (department store)
Imitation of Christ (designs)
The J. Peterman Company
Johnston & Murphy
JoS. A. Bank Clothiers
Kenneth Cole Productions
Just As I expected and posted. Some shorts covered on the dilution.
I expect SI to be even lower on next report date.
Why do you think JCP isn't lower?
Why is JCP going higher?
Do you realize that on a Ev/Sales basis, JCP is more expensive now than when RJ took over even though company had less debt at the time.