No one knows what's in the contract but, of course, that's just your deflection. The point is that when JCP goes belly up LVMH will be virtually unaffected.
"Hope this 9 year old helps you to understand the plural of carry"
Um, here carry is a verb and not a noun (oh toothless wonder).
There was a time when TINY behaved like a public company and a case could be made for gambling on the shares. That time ended three years ago and there has been zero reason to be in this one ever since. It doesn't behave as a "real" public company. The bid/asked spread is 5% !
The "expenses" are payments to the officers and board members. This isn't really a public company - more like a salaried piggy bank for a few. It probably shouldn't be a listed stock.
"like if I already had a TESLA"
Good news !! Matchbox is bringing out a model S later this year. Just right for your age demographic and sophistication.
LVMH has an enterprise value of $94 billion (JCP is $6.7 billion). Sephora is a fraction of LVMH and Penney sales are a fraction of Sephora's. In the overall scheme of LVMH Penney is more like a pebble around their neck.
Exactly - JCP needs Sephora but Sephora (and its parent LVMH) does not need JCP.
"J.C. Penney looks like it's winning back market share from Macy's"
Zero evidence for this. Wahba sounds like an EST disciple or maybe a Scientologist.
"My contact that called at 3:00AM the other day said the Longs would like what JCP had to say"
You don't need a contact. Longs always like everything JCP has to say no matter how dismal the facts.
There we have it. The government is God and Musk is Jesus.