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i guess our penny dream is crushed
nice going ponzetta dude
So what ?
judging from his picture he does appear honest and good dude
imo
'..and today people continue to buy. "
yes but obviously more people are selling than buying therefore lower pps
there no really pennystock 101 , as we all know most are atm for those thagt are running it , now in some sense retc does appear to be atm for ponzetta and the gang only question is do they have something legit going on or not , i hope they do , it appears they do and ponzetta dude needs to step up
imo
Well in absence of any substantial news this was kind of expected , people get disappointed or impatient and they sell Wich causes pps to drift down
But definitely it's suprising cause this is apparel company and in time of holidays you'd expect pps hyped up
Ponzetta needs to step up the game
Imo
You got the point but .50 , somewhat surreal
Be patient and less nervous , it's not healthy
Indeed
Nothing on the table ?!
I'm sure there's something , can't just be nothing , nothing is zero
they stop dumping for few weeks and im sure it will reach a penny at least , imo
Well yeah as we said if dilution stops pps should go up , will it and when that's the question , also if business is legit and thrives even if they issue all authorized shares it should be ok
Imo
you are correct , anybody that has done any research knows this , its just that people are lazy and also wanna believe things that makes them feel better
imo
If ponzeta stops diluting December will be good month cause it dropped so low recently
Imo
hopefully , if thats the case should be golden through December and holidays shopping season
imo
someone is selling at .0018 as soon as bid gets there
losers
imo
at penny market cap around 4 millions $ will need something more substantial
imo
market cap 700 K
should it be that low ?
If you want to be in that jc penney bk trip go ahead but reality is jcp has great chance of turning t around and crashing shorts
Almost 2 billions in liquidity and current portion of debt being small itself should prevent you from barking bk bk
Add to that new experienced ceo
If they were going bk dont you think they would hire restructuring advisor instead of new ceo
Jcp will thrive very soon and all 140 millions shorties will pay up and run for exits
Imo
Better cover your short, jcp will live, imo
Good for you, lets see where pps is in february
Watching this drop 95% and then when you think bottom it drops another 50 %
Yikes
Again , 1.9 billions in liquidity and small current portion of debt obligation combined with new CEO , yes please you watch for bk
Relax and watch shorties run for exits
Also I guess this is Happy Thanksgiving from ponzetta and gang
Holly shit now it needs to double just to get where it was yesterday morning
Disaster
If the things that CEO spelled today come to fruition even if they issue all 1 billion authorized shares .01 can be achieved if things go per CEO , unless of course he's full of it , imo
well according to that article today and per ceo you should be ok if we can trust him
gl
your cost basis is 0.0375 seems lil high
??
ceo :
" I believe that each separate business activity will provide us with a foundation to produce revenues and earnings for our shareholders in the future, and we believe that each segment will complement the other for the benefit of our shareholders.”"
well ...
no i mean everything is looking up and ceo sounds so positive and optimistic yet pps is in slump
??
He's an doped Doo Doo as every other short is , jcp has 1,9 billions in liquidity and next to none current portion of long term debt plus new CEO that it seems knows how to turn things around
Shorts are leeches and will pay up berry soon , imo
plus market is real bad last few days , hope it recovers
retc is apparel company after all , holidays are coming so pps should be going up , imo
He doesn't he's just looking at the crystal ball
you're hearing possible news out on retc , you are hearing
lol
Why would it ?
Same here go retc
It does look like things are coming together here , let's see how that translates into pps