They announce plans for profit every year.. How many years have they bled onto the massive pile of debt. So many empty words of future profit, for so many years..
Its unfortunate, but JCP just isn't cool anymore. Haven't been for many years. Hence, the pps tanking from $40 to this.
DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.
People kill for money. What makes you think they will not lie to you for yours?