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Of course it is, but many have short attention spans. It's about the bigger picture not the last two days of trading...dude.
The Tesla Model S, the first luxury all-electric vehicle, accounted for most car sales in eight (all in California ) of the 25 most expensive zip codes, according to Edmunds.
Why the sell off?
That's a fast rotation to the bottom of the channel after hours(well, looks like $150 is the bottom). I say $170 by end of week. Long term makes zero difference, but trading anything under $160 great place to start a position.
Gambled into earnings no need to panic here. $155 is on sale...bounce...
Launched Oct 29th, 2013
http://www.filmon.com/tv/vu-network
Where's the source on that? Sounds a little "fishy".
uh, no. Someone got their hand in the cookie jar.
They guy that dumped 17 mill at the bell, clearly didn't like all the .0003s being bought. No matter how flat the pancake, always two sides.
The games have never stopped. They've been going on the whole time.
Huge beat, trading halted....
It's always a shitty stock until it isn't.
If that wall of .0004 fell, that would change the tune around here.
I guess we cross that bridge when we get there. There's still time before that happens pending 4 bill A/S and the how the bid holds up. Definitely in a hell of a pickle...
Lol, come on Steve do it for the mothers!
Who do you suppose is holding all those shares?
2,375,204,697
Got a nice spike today!
JCP's future has plenty of room to recover. Any improvement is going to make a big difference. Short selling has won in getting the price to crazy lows, but only because it was so aggressive. I'm not seeing a quick fix, but still betting on a big recovery.
Hard to believe we traded over a penny 6 months ago. Right before we were going to see the Q numbers that included Punch TV in full swing. All those ad revs that had been building up. Then the deep freeze. Now a half a penny is 1000% from here.
Here we are a mere 6 months later awaiting VUTV. Missed first deadline for launch, second seems locked in now. Can this company pull any rev from Filmon? Will Clearvision Airport TV payoff, not withstanding the incredibly slow turn around? Can shares be retired? Can a name change occur? Will the O/S stop getting higher? Will buyers return and trade PNCH once again?
Sticks!!?? It's going to take some dynamite.
I've already heard that story...
Things are now reset, new "network", new price entry level, accumulation, all we need is a spark.
Agreed.
The average customers will shop JCP like they always have. When the merch and pricing is right the annual sales will be back to normal. DIS coming in isn't going to hurt. This all ties into JCP is an American icon and the stores are not closing.
JCP is not as bad off worthy of multi-decade lows. Impressive effort across the entire spectrum to beat it down into the $7s. If that's not on sale I don't know what is. Pretty sure she's got some life left in her.
China lifts ban on video game consoles.
http://www.pcworld.com/article/2050140/china-ends-video-game-console-ban-with-new-shanghai-trade-zone.html
The bears are killing it. Those are three scary candles. Sitting right on the bottom trend line! Reversal time. back to $15? The last high was higher than the previous.
This is ridiculously under valued.
It would be a really good story I guess. Lot's of interesting individuals, CEO brushes with celebrities, get some cameos. Hell, he might finally make some legit money.
Let's start a pool, how many years will he get when he's convicted?
I say 12, and that's a "wag"
Why don't you come back when something actually happens.
I'm in for the ride.
Seems like it's fixen to break out. Need some volume.
Sellers are winning today. Need some big money to decide it's cheap enough! I stopped out this morning. Gotta wait now...
I think the daily just formed a cup and handle.
Gold went from $300 to $1600, hardly oppressed.
Emphasis on "long". PNCH money in da bank.... >_<
Saga - a long story of heroic achievement
I got to trade it yesterday lol made a bit, but looking weak along with everything else on Friday.
Two More Hedge Funds Scoop Up Stakes in J.C. Penney
http://dealbook.nytimes.com/2013/09/03/texas-hedge-fund-takes-a-big-stake-in-penney/?ref=penneyjccompany&_r=0
I'm with you, this will recover in a big way. There is so much money available to turn things around. The company does 17 billion in sales. Been around 100 years. In every mall in America. Yeah, not going anywhere.
Things that make you go...hmmmmmm
Right back to $26 I don't think someone wants this higher.
Do we have a price target on this craziness?
Haven't seen new lows in two weeks. Gotta come down at some point.