While A duck's quack doesn't echo,
and no one knows why.
The JCP shorts say JCP will fold
But can't tell you when...
Ergo, when shorts go duck hunting, they always come back empty handed.
I heard, the JCP sub is resting on the bottom. Captain said, "we'll rise soon and torpedo the shorts, poor beestards, won't know what hit them".
FYI were you, I wouldn't have used "and"...lol.
"a little squirrely".
Funny you should bring up 'Shorty the Squirrel'. He's buried in Texas...OOOH OOOH, an omen?
Grave of Shorty the Squirrel
Shorty lived outside the Smith County courthouse.
Remember who told you so..JCP mentioned, see link below. When the real numbers come out, mid January or early February, if your short, The yoke will be on you!
The numbers you have been fed, the koolaide, ...ain't the real numbers, still to be announced.
Shorts keep telling yourself its safe to be short JCP, "betting on blowout retail numbers":
Pro CNBC09:03am EST
So the shorts are winning, that's the theme?
"J.C. Penney Co. Inc.’s (NYSE: JCP) short interest grew from more than 99.01 million shares to almost 103.92 million in the heart of the holiday shopping season, nearly erasing the decline in short interest in the previous period. It was 34.7% of the float. The days to cover slipped to less than six. The share price ended the two-week period about 20% lower than were it began. Shares closed most recently at $6.50, in a 52-week range of $4.90 to $11.30, and are down almost 29% year-to-date".
Mark this...It won't always be so...Shock and Awwwww coming soon. I'd worry about the 'greed factor'. Those sell shares are being bought by people that are not naïve.
No insiders bailing out?...No Institutions, mutuals bailing out?...heh heh heh...Keep telling yourself it's safe to be short.
Met life?...I sold insurance for them some years back. Why are you thinking of shorting Met life?
At any rate, Merry Christmas and I hope a better year for us all in 2015.
You know where JCP stands on the recovery road, improving every quarter, any announcement of profit numbers and doable?
I ask you Ladies and Gentlemen, what would you do?.
“We are very pleased with our third-quarter earnings, even though the sales performance fell short of our expectations,” Terry J. Lundgren, Macy’s chief executive, said in a statement. “We knew we were up against very strong third-quarter sales growth for our company last year.”
Still, Macy’s lowered its expectations for the rest of 2014. The company forecast that earnings per diluted share for the year would range from $4.25 to $4.35, down from its earlier forecast of $4.40 to $4.50.
Macy's a $193.00 stock? JCP a $20.25 stock? The voting booths will remain open till midnight tomorrow, even though the stock market closes promptly at one PM...
What are the odds that Macy's stock will triple? If* JCP posts any kind of profit, a triple is a possibility.
But then again, that's just me being an optimist, along with some mutuals and insiders that appear to be staying the course as well.
Yep, and double yep...CNBC 'under the radar' we get the nod..."JCP will succeed in 2015"!
Here come the upgrades...Back up the truck...ERRRR No dump trucks please..
Who's the profit?.
Save the numbers until the 4th quarter is made official. I'm predicting revenue blow out numbers for JCP.
"6 million shares"?????
6 million shares, what?
Myron just bought 6 million shares? Noo I would have known about that. Does it have anything to do with that article posted before?
Maybe this line?.."J.C. Penney is far away from being bankrupt".
No?,... Oh you are hinting about the volume, yes that must be it the volume of shares trading so far, but if the volume is the answer, and JCP is trading up nearly 4%, that would mean we have buyers that see a future for holding JCP stock, would it not?
Myron said something right? Alloro, Tanginchek, Mess, come on whatdidhe say, whatdidhe say, that has the shorts running for cover? Is it 'for' cover or 'to' cover?
"JCP is taking customers away from Macy's"
Everyone knows it...except for a few here, and Sears, don't even mention them.
Now I know you know better than that, a CEO shorting, inconceivable!
But I would like to see him buy another million dollars worth, or Mark Cuban, for that matter, or anyone.
I'll tell you this, if I see a form 4 institutional buy you'll be the first I'll tell.
Thanks for all the stats. But to repair a big dam takes a few years. The big hole Johnson caused is now repaired.
And supports are now in place. Matter of fact the insiders that paid double digits and the mutual funds like State Street that also paid double digits are still in. You don't see any form 4s that say otherwise do you?..Not outdated ones now, we know about Soros, etc.
Perhaps the current players are adding at these depressed levels?
When Ullman delivers, the dam will fill swiftly. Longs are betting on it, it's all a matter of time.