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Shaq is a great business man and I'm sure his team put alot research on going with JCP...look what Shaq did with investing in "One Ring" which was bought out from Amazon for billions
With Citi's downgrade today the stock will fall further..where or where is the bottom?
WOW!
You know nothing!!
I believe the stock price will be over $2 in the next couple of weeks...thought I would sell this morning but starting buying in the $1.60's and looking for the bounce...
I didn't sell..waiting for the CEO announcement and getting a pop..I'm dollar cost averaging right now..at least the bleeding has stop for the moment
A rush to the exists...brutal!!
Improvement in all categories
I would guess they will be announcing a new CEO soon which may help stop the bleeding
Well, lost big on this one...time to sell and move on...the stock price is not going to recover any time soon..if ever. Another tax write off
Just bought a lot of shares @ $1.81...this stock is wayyyyyy over sold!
Old people
However, old people and young moms are going to want toys for their kids and apparel and cosmetics for themselves...maybe in a couple of weeks the stock price will be back to the $2.30-$2.40 range but the opening today is going to be brutal....announcing a new CEO will help...stay calm!!
Maybe Buffet or Bezos may come in and buy JCP at these prices
Did not see that coming but still believe #'s for JCP tomorrow will be + bought a ton of August 17 2.50 calls the last couple of weeks
Somewhat puzzled with the pre market for Macy's especially with Macy's + #'s which is effecting JCP's pre market but will probably go to the upside within the first hour of the market opening...
They better have great numbers Friday or the stock price WILL go down below a buck IMO
Brutal!
Keep your powder dry
Why would anyone buy right now. There are sooooooo many issues that need to be addressed, e.g., debt, sales, dilution, maybe rs/bankruptcy. Why not wait until there resolved, you can always buy then, it's not like the stock price is going to go $5 right away, that will take time, e.g., several weeks in a roll to demonstrate they have turned the corner, .e.g., sales improving. Maybe the best way to trade right now is making a quite buck getting in and out..jmo.
It seems like we may test the buck level soon
Then you're a call or put person...
Then sell and move on!
Will they last that long without dilution/ a RS?
I hope for you longs the co. doesn't announce a RS/more dilution
Some people are now day trading this stock...makes sense?
Thanks...you got one part right
Not good numbers--PERIOD!
Wait until they announce blow out earnings and future forecast earnings next week and announcing a CEO with a retail background that is well known
No matter what..not good #'s..I don't care how much lipstick you put on the pig
Not what I was expecting :(
Just have a little more patience...next Thursday will be the telling/changing time
Nice call Pete re closing above $1.18..hopefully, the trend continues tomorrow
Not today but do have a stock stop order in
Pistol-Nice call so far but I think there will be a little sell off towards the eod but not below $1.20..Friday will be interesting
Look at the $2.50 calls bought today for August 17---28,000+ unheard of..usually a sign something "BIG" is up!
Thanks
We will see...