I predicted that shorts would cover some and the last numbers out show that they did.
I also expect the next Si number to go down.
Obvious loser here is you. You are still an emotional wreck.
JCP will probably lose at least $400 million this Q.
How much money will macy's lose?
How much money will Dillards lose?
JCP book value WILL go down again this Q idiot.
I said sub $2. Are you so stupid as to not know that means below $2?
You are so stupid that you said short cannot make money shorting JCP.
If one shorts JCP now and it goes down 0.10 then that is making money idiot.
No facts, no data just emotion.
There is very real possibility that JCp will drop sub $2, restructure, sell off some assets but not go bankrupt.
Can't wait for you to chastize
Hey ding #$%$ ryugo82
Consider this an abstraction. Read up on what SLW does.
IF SLW can successfully engage in streaming contracts and continue to get average cash coast of silver under $5 then at one derivative, silver is no where near $20 all in cash cost.
Well in a tribute to you and stumble I will post a little more. Previously, I was half stirring the pot, half serious.
Granted this is not an in depth analysis, but I am looking now at SLWs Aug earnings.As I look at this data, specifically their silver equivalent production/sales and EPS, it suggests to me that the actual cost of silver production is much lower than $15.
from Pr Newswire:
"Record attributable silver equivalent production of 8.6 million ounces (6.4 million ounces of silver and 35,600 ounces of gold) compared to 6.7 million ounces in Q2 2012, representing an increase of 28%.
Silver equivalent sales of 7.2 million ounces (5.1 million ounces of silver and 33,900 ounces of gold) compared to 6.9 million ounces in Q2 2012, representing an increase of 4%.
Revenues of $166.9 million compared to $201.4 million in Q2 2012, representing a decrease of 17%.
Net earnings of $71.1 million ($0.20 per share) compared to $141.4 million ($0.40 per share) in Q2 2012, representing a decrease of 50%.
Operating cash flows of $125.3 million ($0.35 per share1) compared to $172.9 million ($0.49 per share1) in Q2 2012, representing a decrease of 28%.
Cash operating margin1 of $18.28 per silver equivalent ounce compared to $25.01 in Q2 2012.
Average cash costs1 were $4.14 and $391 per ounce of silver and gold, respectively. On a silver equivalent basis, average cash costs1 rose to $4.77 compared with $4.06 in Q2 2012 due primarily to an increase in the percentage of revenue from gold sales."
Well sure JCP drops from 443 to $7 and I am desperate becaue it finished down 0.10 today. Can't argue with that long logic.
Guess you being long from $43 to $7 makes you a winner!!!
Oh, right I forgot, up is down and down is up in your world.
Ok. Loser is a compliment then. TY winner.
Me too. They manipulated SLV and silver up to $40+, made me buy it, then dropped it to $21.
It must be rigged!
If Macy's, KSS and TGT compete as aggressively as JCp is now with Ads and "sales" can they put JCp down?
I have heard how this next 3 months is make or break for JCP.
Maybe they should take some margin hits themselves and go for market share over next 3 months.
Actually you have provided nothing of value that I could see. No data. No facts. No new insights.
I rebutted constant lies about ICAHN, BUFFET Buying.
- predicted short interest decline
- provided a actual valuation of JCP RE by professional appraisers to rebut long lies
- clearly explained why JCP is NOT like Best Buy
- and so on.
I know you want the inspirational JCP going to $100 if it increases 1 month's Same store sales in comparison to a poor Oct 2012 number.
From the article:
"Sales at stores open at least 12 months fell 4 percent in the fiscal month ended Oct. 5, the Plano, Texas-based company said today in a statement. Same-store sales dropped 12 percent in the quarter through Aug. 3."
And these were EASY COMPARES!!!!!!!!!!!!
Looks like romantard is still posting 100 times every day under new name.
MOnths later and posting 100s of times a day still hasn't covered their SLV losses from $40.
Best Buy had Positive Cashflow Every Quarter when it hit $11 if you exclude one time items.
So with all the wild compare by longs to Best Buy, some questions that they will not answer.
Out of last 10 quarters, how many has JCP LOST MONEY? I think at least 6.
How many national B&M electronics retailers are there competing with Best buy? Zero
How many national clothing retailer are there is US? At least 200.
IMO JCp at earnings will say look Oct sales, up 3%(?) but ignore that Sept sales that were down 4% YOY.
Of course they won't point out that the compare is against sales that were down 26% in 3Q 2012,
Again if your mutual fund loses 26% then gains 3%, are you happy?
Look at margins. I expect erosion.
Actually you have done a fair amount of lying about buffet buying JCp stock, etc.
I have not lied yet.
Re-read the sentence. I wait for $10 off coupon then buy $25 worth of items on clearance for around $15.
I think I am going to look into the true cost to mine silver not one biased on a long position.