I buy stocks for entertainment and this board is Capitalist manipulation at its finest. Why are we up today? Rick's brother is selling body armor?
Marvin is the fall guy. Brought in by Myron to take the FALL like Carpet Baggers brought in Frederick Douglas to take over the Freedman's Bank in 1867, when Bernie Madoff's great grand Dad gutted it.
Because they made money in the 4th QTR of 2011 bankruptcy is off the table? Because JCP admits to owing $5.23 Billion, bankruptcy is off the table? South Carolina flooding (& Wilmington. NC) stores closed takes bankruptcy off the table? JCP bonds paying 7% interest means no bankruptcy? Citi finally going away from GS lies is the truth. $7 is where we're going.
The turn around has nothing to do with the JCP stock price. Profits to feed the $400 Million in yearly debt interest payments to start with. Then enough profits to advertise again.
I mow my lawn because I can and I need the exercise. Most Americans just give money to hedge or mutual fund guys because they've bought Wall Streets message that they're better off giving their savings to a stranger. The Wall Street managers I tell to take a hike I've got this, just like the Hispanic illegals wanting to cut my lawn. I've got this. JCP to $7 by November 20, 2015. Once Marvin talks JCP collapses. He is afraid of wrong doing unlike Myron.
Believe in Wall Street Capitalism. Goldman Sachs needs to keep JCP above $9.65 and will pay analysts to support it. JCP is the future (disaster)!
Bull Rider saw it coming and said "Damn the torpedoes (debt) full steam ahead, Mobile Harbor in 1864, when snow globes were in fashion.
It's a turn around with smoke & mirrors. Everyone loves a turn around even with deception. Is Marvin going to be the next fall guy like Ron Johnson? Myron pulls the levers behind the curtain (Wizard of Oz) and Marvin is the Tin Man.
1. Snow globe sales in December. 2. Row boat sales in South Carolina. 3. Pleading with shoplifters to leave a little for the bankruptcy sale. 4. Instead of closing down stores in January, they'll burn them down and collect the insurance. 5. Hire the Duck Dynasty crew & Mitt Romney to advertise to the JCP base customer. 6. Marking up prices 50% in the middle of the night to have a 40% sale the next day. 7. Keeping sales tax charged to internet customers. 8. Not paying their class action suits. 9. Keeping Ullman as President like V. Putin in Russia with his President & Prime Minister roles (he lies better than Marvin). 10. When America has a Weimar Republic (1923) depression, one wheel barrel of money will pay the $5.23 BILLION in JCP debt!
They made money in the 4th QTR of 2011. JCP has never promised to make money, just lose the Bull Rider's theory of "less money lost". With the shares outstanding going up they'll always lose less money per share. Bankruptcy is the solution for a stronger smaller JCP.
I do miss New England. Parents took me to Filenes for back to school clothes in 1970s. Now they (drug addicts) pick up items in store and return for gift cards.
We are short of pumpers these last few days. Tell us how much JCP is up this year. I'll tell you SC JCP sales are down because JCP didn't issue their employees with canoes.
She embezzled $200,000 of clothing & jewelry. Sold it on ebay. Marvin, the shoplifting excuse was used by Myron 2 1/2 years ago. This excuse is way over due on why you missed the number.
Why don't you do your own research and stop believing Wall Street analyst that have a hidden agenda. Look what happened to your purchase of JCP. Their opinions can't be trusted.
Any pop over $8.50 is a fantastic short entry point. Marvin will stick his foot in his mouth (tell the truth) until he is fired and replace by a slick talker from Goldman Sachs.
When I bought my St. John's Bay coat the jewelry lady left the shoplifting device on. I've never stole anything in my life so when all the bells went off at exit I walked to my car. Three weeks later I saw the device and went back to JCP with my receipt and had it removed. Bought a few more items. Probably a JCP conspiracy or a 65 year old jewelry clerk who was incompetent?
Everyone says they are going up! They did make money in the 4th QTR of 2011. Isn't that good? They promise they make money in the future. They only owe $4.23 Billion and pay $400 million on yearly interest. I thought JCP was a glass half full. Is Goldman Sachs and their Wall Street friends trying to fool me?