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J. C. Penney Company, Inc. Message Board

truthte11er 236 posts  |  Last Activity: Dec 21, 2014 8:15 AM Member since: Jun 16, 2000
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  • truthte11er by truthte11er Dec 21, 2014 8:15 AM Flag

    Wonder how much off they would have to give for a fast start?
    "JC Penney's flagship store in Manhattan was starting to fill up by midday, after a slow start. Annette Rozzo was one of three shoppers waiting when the doors opened at 7 a.m. With a coupon for 60 percent off clothing, she purchased six sets of pajamas and said she was planning to pick up toys from the Disney movie "Frozen" for the kids. The deals were better than 2013, she said, and she would "definitely" spend more than last year. Some analysts have warned that retailers are pushing sales at the expense of margins

  • One of the major problems facing the apparel world is that consumers are increasingly spending disposable income on non-apparel products. Analysts believe that companies such as Forever 21, Gap Inc (NYSE: GPS) Old Navy, J C Penney Co Inc (NYSE: JCP) and Kohl’s Corporation (NYSE: KSS) will continue to struggle to compete with increasingly low-priced competition.

  • . With clothing traditionally taking the second-largest share of U.S. holiday sales behind general merchandis,,,,,,"There is a great migration away from apparel," said Craig Johnson, president of Customer Growth Partners, a private equity firm focusing on consumer products and retailers. "The little growth they are clocking is being done over very discounted pricing so

    margins this year are going to be weak in most of the category."

    Figures compiled for Reuters by payments processor First Data show a 0.1 percent uptick in clothing sales in November even as the value of the average transaction fell 0.3 percent. During the Thanksgiving weekend, spending on apparel rose 3 percent, versus a year-earlier increase of 9 percent gloomy outlook for apparel

  • truthte11er truthte11er Dec 17, 2014 9:52 AM Flag

    You 'v ebeen stupid since birth? Oh well.

    Careful, your intellect is showing?

  • truthte11er truthte11er Dec 16, 2014 2:01 PM Flag

    a smickersmack

  • Hallmark pulls gift wrap after swastika complaint

  • Reply to

    !!!!!!!!!!!!!!!! LOW of DAAY !!!!!!!!!!!!!!!!!

    by peterventis Dec 8, 2014 11:51 AM
    truthte11er truthte11er Dec 8, 2014 1:08 PM Flag

    Try Again !

  • Reply to

    Road Trip

    by mpmtu Nov 6, 2014 9:41 AM
    truthte11er truthte11er Nov 6, 2014 11:48 AM Flag

    One previous reported turned out to be an employee's mom who was dropping off lunch for him.

    -----------------------------------------------------------

    Hope mom put the PB&J on just the way you like it.

  • Reply to

    Alloro, put on your thinking cap

    by tngenchek Oct 23, 2014 4:45 PM
    truthte11er truthte11er Oct 24, 2014 2:49 PM Flag

    "I'll wait for the crickets"

    Internet newbie?? Proper format = Waiting -crickets-

    I'll wait for the crickets sounds like you're lonely

  • Good choice, the subject didn't make you look like any professional I've ever encountered.

  • truthte11er truthte11er Sep 30, 2014 8:44 AM Flag

    I believe your post is very indicative of the average long poster on this board. You posted "they forecasted only $50MM in cash burn in their "base case" scenario" and then added your own opinions "which is likely A) way less than shorts anticipate and B) conservative/less than company forecasts" possibly ??? with the intent to make someone think your additions were actually part of Moody's statement. ????

    But, back to my main point, I noticed the board Ultra Short(that you accused me of being) included the whole of the forecast in his post "Under a downside scenario there is the potential for it to burn close to $250 million in free cash flow". Now an astute investor would be happy to read the first but would question as to what any "possible downside scenario" might entail.

    Yet, you, being the power investor you claim to be, choose to ignore/disregard any possible outcome except the most positive.

    Positive thinking is a good thing, but to the exclusion of all else, NOT.

    ----------------------------------------------------------------------------------------------

    tngenchek • 13 hours ago

    Although J.C. Penney sales and gross margins have notably improved in 2014, its profitability and credit metrics remain very weak. Further improvement in earnings is required for J.C. Penney to have a sustainable capital structure. J.C. Penney's Caa1 Corporate Family Rating reflects our belief that J. C. Penney will continue to generate operating losses over the next twelve to eighteen months but that the level of operating losses will abate further. We estimate that J.C. Penney will likely burn less than $50 million of free cash flow under Moody's base case scenario. Under a downside scenario there is the potential for it to burn close to $250 million in free cash flow.

    Given the significant weakness is credit metrics, an upgrade is unlikely at the present time.

  • Reply to

    truthte11er = tncheck

    by bullrunbullrun Sep 29, 2014 11:03 AM
    truthte11er truthte11er Sep 29, 2014 12:51 PM Flag

    The mere fact you're on a Yahoo MB thinking you're going to get the pro's take indicates how much of an amateur you are.

  • Reply to

    truthte11er = tncheck

    by bullrunbullrun Sep 29, 2014 11:03 AM
    truthte11er truthte11er Sep 29, 2014 12:18 PM Flag

    I'm holding 400,000+ options; you?
    --------------------------------------

    Great segue ! I'm much poorer than you, but a child shouldn't have that much money.

    Note: You're not putting forth any effort, you're playing games.

  • Reply to

    truthte11er = tncheck

    by bullrunbullrun Sep 29, 2014 11:03 AM
    truthte11er truthte11er Sep 29, 2014 12:13 PM Flag

    "you both like the word "temper tantrum"
    ----------------------------------------------

    Guess I'm also this guy and all the others that ever used the word temper tantrum.
    ----------------------------------------------

    byetwoholed • Sep 26, 2014 5:14 PM
    Temper tantrum. T, please don't hold your breath because you want $9.54 to happen again. Haha.

    ----------------------------------------------
    "neither of which are really done by anyone else"

    Again, something you can document or just another "hunch"

    ----------------------------------------------

  • Reply to

    truthte11er = tncheck

    by bullrunbullrun Sep 29, 2014 11:03 AM
    truthte11er truthte11er Sep 29, 2014 12:07 PM Flag

    Accusation = "you've been using these two aliases forever and have NEVER admitted to it"

    Documented Proof of Accusation = I don't have definitive proof............Ok there I said it. It's a "hunch" based on the fact that you use similar words

    You also have a hunch JCPenney is a turnaround!!!!

    Note: The Oxford English dictionary has about 220,000 words. I plead guilty to using some of the same words as other posters, and not having invented my own language. Probably I've from time to time even used the same words as you.

  • Reply to

    truthte11er = tncheck

    by bullrunbullrun Sep 29, 2014 11:03 AM
    truthte11er truthte11er Sep 29, 2014 11:44 AM Flag

    truthte11er = tncheck
    -------------------------------
    And you have something to back that up with other than "it's pretty obvious".

    I mean, you are the guy who likes supporting documentation, or an apology. So exactly how will you run away this time, or will an apology be forthcoming? Like I said, you're very childlike. Time for another temper tantrum.

  • Reply to

    Short thesis for JCP is getting outdated.

    by investment_guru_1 Sep 29, 2014 6:29 AM
    truthte11er truthte11er Sep 29, 2014 11:12 AM Flag

    I created "LOL" as a joke and it was obviously my alias... even told everyone.
    ------------------

    Care to back that up with the POST where you told everyone, and as I recall, you didn't tell everyone, you got caught. Big difference. Bottom line, very childlike.

  • Reply to

    Short thesis for JCP is getting outdated.

    by investment_guru_1 Sep 29, 2014 6:29 AM
    truthte11er truthte11er Sep 29, 2014 11:10 AM Flag

    I intentionally did it under my other joke alias lol... wasn't meant to deceive
    -----------------

    That's exactly what all liars say.

    You see when you get so excited trying for that one - ups - man answer you forget to select the correct ID

    You don't want honest short/long discussions at all. You're far to short tempered to have any discussion that doesn't entail the words, you're absolutely correct, or couldn't agree more

  • Reply to

    Short thesis for JCP is getting outdated.

    by investment_guru_1 Sep 29, 2014 6:29 AM
    truthte11er truthte11er Sep 29, 2014 11:05 AM Flag

    he said "$3B in losses" -- he didn't say "lower sales"
    ------------------

    Nobody digging their heels in here. Just like I said, longs always have to explain afterwards exactly what they should have said in the first place. His SUPPORTING DATA CAME....MUCH LATER.....

    NOWHERE IN HIS STATEMENT DID HE STATE W.H.A.T. TYPE OF LOSSES HE MEANT. When you're speaking of a
    company like JCP that has many types of losses, it's better if a person not familiar with accounting be very specific

    No retracting of anything here, buddy boy. Perhaps your buddy should delete his original post and try stating more succinctly what he's talking about.

    This isn't this clown's first rodeo with questionable accounting. His take on EBITA was another example.

    My only apology is that I'm sorry he has to constantly explain what he meant to say instead of just saying it in the first place.

    Seems you're just trying to parse words until the content of the original post is so obscure you can slink away thinking the last point you made was the winning point.

  • Reply to

    Bottom is in.

    by shatteredone2000 Sep 22, 2014 2:01 PM
    truthte11er truthte11er Sep 29, 2014 10:55 AM Flag

    similar to the shorts that figured it would never get back above $9 yet we touched $11+?
    -------------------

    If you didn't sell that's meaningless. All that means is you could have had a couple more bucks a share then than today. That would have been a 20% return on your investment. Now, tell me again about how astute of an investor you are. Could have sold and bought back in here for the next pump and dump

JCP
6.50-0.240(-3.56%)Dec 24 1:01 PMEST

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