I'll just hang around eating their ice cream treats and frozen dinners. I just don't want to commit to a meeting.
Seeing how TASR has delayed their earnings date I'll wait. 75% of the time TASR goes down after it announces. Usually because CEO Rick has the energy of Jeb Bush. However, Summer is on its way and tensions are rising. Oh, decisions about where to put the money. Good Morning, Ben Hurtax!
Good luck to all the JC Penney longs & shorts I'll be back as this is been my favorite message board, which is my entertainment.
I think Markit has a lot of identities on this board. Swaggin threatens someone, then Mr. Saved Freak, and Markit is talking to them all. I respected Markit as a truth teller (middle JCP manager) who told what he knew as the truth. Now he's giving advice on stock picks. GM paid the Federal government back 100% in January 2015. You copied tngenchek's ways with multiple identities. Con grats!!! As all false prophets you become something you're not. A stock trader who understands the market. Good luck with your St. John's Bay sales!
7 plus the 6 they've hidden equals 13. More too follow. Stick with Marvin!!!! The Freedom's Bank boss of JC Penney.
Should close at $9.38 today. More fun tomorrow!!!!
There going to close hundreds of JC Penney's stores but do it secretly, like the Plano lay-offs. The management is a sneaky bunch!
They owe $5 BILLION in debt and pay $403 MILLION a year in interest on the debt. JC Penney has recently lost their Chairman of the Board Myron Ullman (the brains of JCP) and Marvin after two years as CEO (who got paid less than Marvin) has taken over (look up his educational level). They have re-worked retirement and cut costs to keep the ship afloat and turning out of the hole ex-CEO Ron Johnson helped created. There are currently 22% of the share float that are short. It was 40% at one time, hence the reason we were over $10 on short squeezes and media crusades pronouncing JCP has turned around funded by friends of Goldman Sachs like Cramer who gives JCP gift cards away for the holidays on CNBC (follow the money SEC). The SEC has recently fines GS $5 BILLION and I believe they are selling shares of JCP in a calculated manner to pay some of this fine. After all they hold millions of JCP shares from the 2013 loan/stock swap. Short JCP, as we'll be back at a 35% of the float short again, then the typical JCP excuses (weather, shoplifters, interest rates, minimum wage hikes, class action lawsuits ECT). Or buy lie the lemmings who listen to the latest Forward Looking Press Releases.
I bought GM on 1 April 2016 at $29.88 and look at it now. Up 10% with a nice dividend and low P/E. JCP last had a P/E & dividend in 2010. Some turnaround. Goldman Sachs & JCP are joined at the hip. In the end JC Penney will be dead/bankrupt and GS gets first bite of the carcass/real etate per the 2013 loan JCP stock swap equity deal.
Listen to Adventure on his Goldman Sachs advice. You do know GS owns 1/3 of JCP's common stock? They picked Marvin to run the company and 2 GS guys sit on JCP's board. They are setting JCP up for bankruptcy as GS has JCP's real estate assets as part of the 2013 JCP & GS shares dilution/loan. JCP has lost money since 2010. They do however, trade in the direction GS wants. They have one yearly short squeeze and they just had it. Short % down to 22% from 35%. I do like your WNR pick and might by when I get out of my JCP short position.
I've told you before to get a new hobby. Stock trading is not for you. If you had a better understanding of English writing I'd ask you a question. Get out of JCP and buy GM.
Markit, leave the stock trading to me, while you cheerlead for JC Penney. If you were a trader I'd suggest a book about timing the market. A major short squeeze caused by a Goldman Sachs positive PR blitz for JCP is why the $11.99 Yearly High. % of JCP shorted shares have gone down drastically. Look up Highest Shorted Stocks and you'll see JCP on page 5. 100s of Companies with P/Es & dividend paying before JCP. JCP will get back to 30% short and JCP will be $8 PPS. My entry point for this transaction is $9.69, in the black. Not Bull Rider ethnic black either.
Why would anyone short a restaurant with a P/E & dividend? Restaurants for some reason are hot in the market. Why would intelligent people short CBRL that makes money and pay's a dividend? The shorts will end up paying this dividend. There are too many companies like SHLD or JCP that haven't made money in years with no dividend to short.
They don't need them as the JC Penney name brand doesn't need advertising. The SG & A savings will pull .10 cents a share savings to beat on earnings. Another Bull Riding earning beat with the Faith of Mr. Freak Band, who created training_chick on 23 APR 2016. Looking for my $8.90s next week. JCP is 22.5% short. It was 35% in Fall. $403 MILLION to pay the interest on the $5 BILLION debt. Myron has left and Marvin is the CEO behind the curtain with his smoke & mirrors. Welcome to JC Penney's message board, land of Mr. No.