bullrider0900 • Jun 14, 2015 11:34 PM
Piper Jafferey says $15 FAST BOOOOOOYA
Jcp will never go under $8 technically not
"Even Cramer likes JCP"
Then he doesn't, then he does, then he doesn't, then he does. That's kind of like holidays. They come around every so often.
"Some of that has become unincumbered"
You'll be a good chap and enlighten us, I'm sure. Home Office was not part of the deal that was "encumbered" to GS in the first place. They only have a few very very small assets that are not in the GS pocket.
Sure you're not over here doing "research" for a SA article. I notice parts of your posts are repeated verbatim by a certain paid poster on SA. It's ok if you are, except his calls aren't particularly accurate.
In one way you have to feel a slight twinge of pity for Markit. In a stock at 38 that's dropped 30 bucks, driven only by the hope he can create enough fake ID's to pump up the sentiment.
Funny how they all hang their hats on the EBITDA earnings(LOL) and have forgotten the DOTcom era when companies without a single dollar in sales or revenue were EBITDA profitable. EBITDA is just a way to separate simple people from their money. So far JCP has followed true to form. An 80 dollar stock you can't get 8 bucks for today.
Yes, yesterday this was an 8 dollar stock, end of story. We'll see what today brings.
Let me translate for MB newbies. I have a PhD from Harvard in BS detection and am able to translate BS to Truth.
- I'm waiting for girlfriend to get home from work = I'm at the Greyhound station waiting for the next bus from the Midwest with someone innocent enough to buy my "want to see a puppy" line.
- Going to hit the road for a weekend away = After she's tied up securely in the trunk I'm hoping to wow her with a 40 and some gas station sushi.
- I entertain myself on the message board = this is my only life and am would like you to believe I really have 61,000 shares when I really am waiting for my mom to pass away and get her 61 shares and I can move upstairs.
- When you lose your last penny, is that when you claim disability and my taxes pay for your food and shelter? = I saw that on a MB forum that implies I actually pay taxes and not getting an Earned Income Tax Credit
- My boss sent me? If he sent me, you'd be worm food. = I hope Mom isn't reading over my shoulder and sees my Sybil syndrome isn't cured after all.
Forbes - Rapid Ratings International, which ranks companies according to their financial health, raised JC Penney’s financial health rating to 32 from 28 out of a possible
"97% of all bankruptcies over the past five years had a financial health rating of 40 or below when they defaulted"
So, when all the pumping dies down, it's still the same old JCP with the same old prognosis. YTD, YOY increases, weekly, daily, and hourly PPS pumps don't change a thing.
The Street "advise to sell your shares and book profits as they are over bought"
However I am betting each and every long pumper on this board thinks JCP is a shoe-in to be in the 3% that make it. They love bettors like that in Vegas
Look it up as there will be one long moron who states "what store numbers"
Well, don't just leave us hanging as to who the moron is? Does it rhyme with Sarkitvalue?
Just discover that did you? You might want to also check out that "fire is hot" and "water is wet" thingie ! Oh, yeah, it also works on mindless morons who believe in the rubber band theory of investing - a stock that drops will almost always snap back to its former highs. Their drivel and fact less pumping is even more annoying !!!!
The only reason this stock is over 8 bucks is the recent elimination of a large short position. I hesitate to use the words logic and longs together as it's an contradiction in terms, but to help understand they need to know how a short sale of that size works. The question has been asked the last time the short position was in the 70M's and it was 3-4 years ago. Now figure what the stock price was at that time. A large fund does not short stocks at retail but rather borrows them in a block from a large stakeholder at a certain amount of interest. When they have purchased enough stock to return those shares the price may spike briefly. But as they(long holders) always tout, a short position does indeed support a stocks PPS. Once that support is removed, as evidenced by the PPS decline, the stock trades on its own merit.The next question is how much money did those "stupid" shorts make? Very easy, subtract the stock price over the last 30 days from the stock price after the RJ debacle when almost anyone(long holders excluded) could see which way the PPS was headed, pay your interest and return the shares worth about 25% of what you borrowed.
Now for the second part of the equation(figuring out how much longs made during the same period) just reverse the numbers. Now you know why they all sound so desperate and are grasping at straws for their turnaround to make them whole again and prove they aren't suckers.
For that to happen you have to believe they can pay back three times the debt they had in 2011 with revenues of 30% less(not factoring inflation), are going to increase CapEx spending, pay down debt, and buy back stock and restart the dividend.
Maybe the Easter Bunny can help them out, but tell them not to eat the brown Jelly Beans !!!
I believe you're missing the bigger picture. His shopping experience counts as two customer transactions when it come time for the quarterly pump and dump. "See how we have the same amount of customers as 2011"!
He just can't help himself. He just got out of rehab and erased all of his old posts. I think you can see he has severe mental issue
jersitech4sure • Apr 23, 2013 2:51 PM
#$%$!!! The same freakin noise over and over and over again for 17 months straight!!! Just #$%$!!! Don't buy the Mutha F$%#(N Stock!!!!! Get off the F$&*#KN Yahoo Board and go spill your SHIAT that someone really gives a F$%K about!!! It's shorts who's desperation is covering this board with guesses and clawing at any news of what's up from down every 6 seconds!!!! DIE PIGS DIE!!!!
When he's bashing the LGBT's he's stops channeling Donald Trump mimicking Special Olympian's. Haven't heard from his pet Swaggin for a while. When Markitvalue became lonely after his wife left him for spending all of his time creating ID's, etc. on this board he went to the rescue shelter for a pet. All they had left was a duck with a wooden leg and when he walked it looked like a swagger. Since that ID was taken, Swaggin was born !
Markitvalue lives in the JCPenney dressing room behind a fake wall he created, sneaking out at night to pilfer food and water from the break room. His multi-ID'd posts are based on information from wallets rifled from pants pockets hung in the changing rooms by customers trying on the defective sized clothing on the St. John's Bay clearance rack
stopped in JCP on Sunday ....in the women's dept..........Checked the children's dep
Checked the "women's" and "children's" dept ?
Didn't want to take a chance on the "manly" appliance department?