CNBC quote or words to the effect.
Unclear why the market selloff...If the Jobs report good later, the Feds might tighten, bad for the market...Job reports bad....Also bad for the market.
I'm strictly relying on intuition, and attribute yesterday's action on short covering. More of the same today? Volume of trading today may be the best indicator.
Good news, Yahoo's JCP 1y Target Est:
9.33 We're there!
I entered a buy for 10K @ $9.36 the asked, after hours...Bid $9.35 asked $9.36. Couldn't execute.
So I waited awhile then cancelled. Is this part of the game?...Maybe they think I'll pay more, I won't.
There's always tomorrow.
The dow is down 208. and JCP keeps plowing ahead...Ullman and Record mean to correct the misconception that JCP has no future.
It's very simple, when the pack of wolves multiply and get to be a threat,(shorts), what happens?
Many in the pack of wolves are hunted down, and shot to thin the population.
August 14th the shooting begins at 4:00PM sharp. ..LOL.
Funny, for the Longs seems like we have our very own Seabiscuit, the horse that couldn't possibly win, but did.
Yahu, there's no doubt about why the rush to announce...JCP will report knock your socks off results. And the market senses it!
Of course IMHO.
To appreciate the topic, mandatory you view the chart on your right!
Alloro, Et Al still feel confident you are right?
J. C. Penney Company, Inc. to Report Second Quarter 2014 Financial Results on August 14, 2014 at 4:00 p.m. ET
JCP Shorts, you have mail!
by markitvalue • Jul 25, 2014 9:41 AM Remove
JCP 2/4/14 $5.08....JCP 7/25/14 $9.11
Your shrink sent this E-mail to help you cope! Subject matter..."BE BRAVE"
Repeat several times daily..
There is NO turnaround, There will NEVER BE a turnaround, The End Is Near! Less
Lets try this again...
Consecutive JCP closes over $9.
7/4 Market Closed.
7/7 $9.07 ........................5 consecutive days over $9.
7/29 Looks like another close over $9.............. 4 consecutive days over $9.
There are Long necked geese, and there are Short necked geese.
The short necked geese are known to cackle, whilst the long necked geese are much superior at hunting.
That's good news for us, all those people won't be shopping Macy's, way too expensive on their budgets. They'll be shopping JCP, WHOOOOPIE!