When the Wall Street elites are out. There will be no more popcorn fart articles about JC Penney gaining sales per square foot. Of course they are as they've closed eighty of their worst stores in the last 3 years. There are not many individual investors anymore. Cramer has taken over for Rukeyser. Who needs profits? We miss Swaggin!!!!
Good morning my Hindi friend. Say good morning to Petula & NYjets or me. We the shorts had a vote. BRING BACK SWAGGIN!!!!!!!!
In fact, all publically trade company's use EBITDA. Thanks for playing the Capitalist game. See you in Kiev.
Some foreign General stated "you can not judge what the US military will do as they don't follow their own doctrine, if indeed, they even knew it". JCP & all Goldman Sachs lackey's have sold Americans a false bill of goods that JCP has turned around. It has been swallowed hook, line & sinker. The interest on 2015 debt of $5.23 BILLION went up to $403 MILLION a year (Edgars). With the rosy forecast of JCP making (adjusted pre-EBITDA) 2 cents a share for 2016 that will pay 3 weeks of interest on the debt if it was actual after EBITDA earnings. American investors aren't smart enough to realize what a adjusted pre-EBITDA earning number is. They just give their money to a unknown, to invest it for them because they admit they're not smart enough to do it themselves. When the MM's let the air out of JCP look out below. For now Mr. freak show appears to be a genius. Pray to his God.
It appears like you faded away Swaggin? Or morphed into Mr. Saved Freak Band. At least when General MacArthur faded away he did it with dignity, which you lack. How's your buddy Senator Cruz doing? He'll probably fade away like the fore mentioned.
The new JC Penney Seeking Alpha article is a re-hash of Goldman Sachs upgrade. It's a JC Penney SELL but their target has risen from $6.50 to $9.00. They say JCP has announced 7 store closings for 2016 but he feels it might be more. Is he Lip from Shameless? It is 13 store closings so far. More stores & lies to follow.
Mr. Freak you are Swaggin and I hope your boss scolded you for bringing me back as a short. Don't taunt the shorts. Just baffle potential longs with words like TURNAROUND, ADJUSTED PROFITS BEFORE EBITDA, MOMENTUM, PERCENTAGES, CHERRY PICKED #'s, FAITH, ECT.
If you use TD Ameritrade push JCP on level II quotes and look to your right. The first one on their dated today. Or google or Market Watch.
Funny how you know tngenchek since you've had your new ID for less than a month. I would be honored to be tngenchek but we are separated on two facts. He is a millionaire and was a SJA Army officer and I was enlisted and not rich. I did do my laundry in Olanta after I got back from Desert Storm and a bum asked me for money as he also just returned from the desert. I asked where he was and he said "You know man, they just drop you off and you don't know where you are". I didn't give him any money. I was in KFIA & KKMC & Iraq with the 101st. You were learning how to lie Mr Saved Freak Band. Hi Swaggin.
Who is your stock broker Markit???????????????? You probably don't have one just the shares your company (JC Penney) gave you. If you had a stock broker you'd see the article. Go to financial-market-news and look up Goldman Sachs sell rating with $9 price target. Or google it.
JCP closes down 50 cents today. Get out Markit and see the light of day! Markit (Josey Wales) it was a set up, Zack's (Fletcher) was in it with Goldman Sachs (union red-legs Captain Terrell).
The Wall Street elites have changed their positive JCP news cycle. We're heading back to $8 GS has made their money. Walter pickled brain or Zack's can't float this turd.
Markit, you should get out of your JCP long position if you actually have one. The shorts who lost their shirt will be back. I am proof of that fact. If you love JCP's chances of a turnaround buy it back in early Summer for $8 ish. If you want to retire right sell and short. I was a long and saw through the smoke & mirrors as I was long Kmart when it went bankrupt (2001) and did the same desperate things JC Penney is doing.
Local fire department investigates as JC Penney system was the only Mall store sprinkler system to go off. Wow, is JC Penney committing insurance fraud as well as selling certified fake diamonds? What is their limit on staying viable? Myron will retire before the SEC investigations begin.
JC Penney announced it was closing 7 stores in 2016. In addition they've announced 6 stores will close on or about 8 April 2016. Vallco shopping mall, Cupertino CA, Shopping Town Mall, Dewitt NY, Cranberry Mall, Cranberry PA, College Square Mall, Morristown TN, Price UT, White Mountain Mall, Rock Springs WY. Nice way to cover up 13 store closings. Will there be more stores in the summer? JC Penney the shrinking turnaround to have FAITH in. Look it up as there will be one long moron who states "what store numbers"?
Longs have faith. Shorts have facts. It is a toss up who will win in the short run as this is America & Capitalism. In the end Myron will retire with his money safely hidden. Marvin after a year after Myron's departure, will run up the white bankruptcy flag and the lawsuits will come in all directions. Markit and all his alias' get .03 cents a common share. Of course maybe Sephora and momentum will save JCP.
Funny Swaggin told me he'd been on this board a long time under various ID's. Mentioned the Great Pee Dee River & the Grand Strand but he made the ID in early March. Why JC Penney is over $8 is a great conspiracy. Maybe one of the biggest short squeezes of 2015-2016 along with WTW after Oprah took a 10% stake. The way down will be quick $$$$$$$$$$$
My State & Federal income tax for 2015 is over $44 K. I only short companies that are as corrupt as JC Penney. Certified fake diamonds anyone? Adjusted & pre-EBITDA earnings anyone? Looking at borrowing for a buyback anyone? We're not closing anymore stores because we found are internet sales goes down around that store anyone? Name your favorite JCP lie.
You were writing him on the SHLD board 3 days ago. Maybe you should use the Swaggin ID.