1 million dollars and he's on a Yahoo MB. Yup where all the big money spends their time.
yahoo not letting me post number, email me for number
You have a Yahoo email, they won't let you email phone numbers either.
I don't doubt money people visit these boards, but the mental make-up that allows you to accumulate large amounts of money, are not the type to waste time. I think more of the message board "Money People" would fit in the category of, recently retired, going to invest new retirement money, make a killing in the market(how hard can it be) start an E-trade or Ameritrade account, do a couple of their courses and jump on the MB as the next Warren Buffet.
If I had any money, I wouldn't be posting here.
You must have been in the same line as when I went back for my second carload. Clerk told me my purchases on the first was at 39%GM and the second at 41%, which would allow them to pay off the 2016 bond early. Thank goodness there was a Kohl's nearby with free wi-fi so I could download all my electronic rebates. Would have gone back for a third car load but my wife's free yoga class was over and she'd maxed out at the free juice bar.
packed with customers so confused.
"customers so confused"
You've stumbled onto one of the main reasons JCPenney can't do any better than it has !!
But, the market is down .25% and JCPenney is down 2.5%.
Guess that can't be it then !!
No company ever went broke because they had too many customers.
You really need schooled in the finer nuances of retailing. Perhaps our resident "Taught economics at the College level" Professor might enlighten you.
Cramer touts first two stocks as "on fire" citing the "cup and handle" formation. When the 3rd stock(JCP) shows the exact opposite "Reverse cup and handle"; surprise, surprise, surprise, that's also a good thing. so much for consistent analysis. Sounds remarkably like the "Downgrade is a good thing" they came up with a few days ago.
I guess it all fits in the NEWSPEAK of bagholders, Down is the new 'UP', "less is more" and your chocolate ration was increased from 30 grams a week to 25 grams a week.
80 million shorts have a promise to buy JCP higher. Very nice of them!
I never promised, how about you Alloro?
We've been hearing that for 4 years, what makes you think this is your lucky year?
"Cramer, and the rest of CNBC, targets the 8th grade level
Agree, some people follow him religiously.....
markitvalue • 3 hours ago.............Cramer has a following. When he talks favorably there is a response.
That's because you two clowns are not short
A single share....
Seems like Yah may not be the only one upset a bit.... "Clown" was a bit harsh, but understandable when JCPenney continues to disappoint bagholders. You would think one of these days "12's in the bag" or "To the moon" would have to come true. Sometimes when you kiss a frog, it won't turn into a princess; you just get warts on your lips.
And, I already told you I covered my short position a few days ago at 10 and pennies, think it's dead money for the next year. If not I owe Alloro an "You told me so"
"There you have it, who's more right?...Cramer has a religious cult following him as the Tnge said"
Do you try to be wrong as much as possible or does it just come naturally?
From the Tesla chat page 2013-07-10, 10:30 AM
Jim Cramer famously said There you have it folks, we are a cult. I'm cool with it
So all this time you've been banging away at JCP and now you finally wave the white flag and admit it would be a mistake to short JCP?
You really don't have a clue do you? I posted that I covered my 24 dollar short at 10 and a few pennies about a week ago to book long term capital gains. I felt the stock is dead at around this price for the near future and my money can be better utilized elsewhere. I have no idea how you manage to interpret that as "raising a white flag" since I also posted I will continue to use options. JCPenney hasn't changed any real fundamental in spite of all the SSS numbers hyped against the worst year in retail history, they will have to "Borrow" more money before the EOY to maintain their announced liquidity position.
So, NO white flag, NO mistake to short JCPenney, they simply are choosing to drag out the inevitable like RSH instead of saving the company like Mryon did with Macy's
You could very well be correct and it still fit my projection.
If you noticed in my past posts, you've posted almost verbatim my scenario.
We are where we are, going into retails best time of year, probable gains to be made, maybe even a violent spike(22%)??, however when my time span for the dead money(1 year) has elapsed, we're right back to here. For it to be anything else, economy has to improve, people have to go back to work, the 10-15% decline in REAL income of middle Americans has to be erased, over retailing of America has to be undone, JCP has to make REAL gains in SSS back to pre-RJ days against not so easy comps, and higher(to pay increased debt load) gains in GM have to be made in an extremely competitive retail environment, your competition was just not sitting on their hands waiting for JCP to get their house in order. They have very limited CapEx money to be divided between "omnichanneling", needed store remodeling, etc. They've pulled almost every fat rabbit out of the hat just to keep the doors open as of now. They have no more real estate to put in hock, the Plano palace land sale that was to be a major factor in money contributions turned out to be barely a fizzle.
Sears at least still has lots of stuff to hock and sell before they march up the courthouse steps, so all the people waiting on a SHLD BK and all those customers to come running to JCP's salvation are simply DWA(dreaming while awake)
Right, while living on Fantasy Island.
Guess, you'll never know for sure, now will you. However, I've posted that for years, so unless I anticipated some moron coming along in 2014 with nothing more than a keyboard and a mouth, the choices are.
- It's the truth
- Your post smacks not only of immaturity but a teensie bit of jealousy.
How far underwater are you? If you're into NG as much as you pretend. You're taking a bath there as well as here.
Funny thing, I listened to the same interview and recall he mentioned more than once how well this was for Kohl'; only mentioned that JCP ALSO bought merchandise.
"Past results are not sustainable"
My point exactly. I think when all the end of year and holiday season BSing is over and sheeple can see not much has really changed it will make some Feb "out of the money" puts profitable.
When a "short" makes projections based on past performances, they're accused of driving by looking in the rear view mirror, but when a "Long" uses the last few quarters to make a point, they are simply "monitoring a trend" ????