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Thank you UpTick!
thank you BBan!
Toronto - Does JCP own or lease most all of their retail store locations? Many are in place within malls owned by Simon Prop Group, etc.....although I do know that there are some free standing stores. I wish that I knew what significance this has, if any. An unsolved piece of the puzzle in my mind.
Now - that is reliable news ! Thanks Ysung!
where is the news?
Can I ask which Motion is being ruled upon today? The Petition to Dismiss?
CHK is going to be saved by a proposal from another company /conglomerate. As well based upon their restructuring plan - it could soar....eg JCPNQ. BNKY is not always a bad thing for shareholders.
It will be more than a "pop" if the Chap 11 is dismissed.
WHY SELL BEFORE THE BELL?
IF IT CROSSES .50...MY INDICATORS SUGGEST IT WILL FLY LIKE AN EAGLE …(STEVE MILLER BAND)
DIDDY - I AM NOT SURE...HOWEVER WHAT EARNINGS CAN THEY REPORT? CAN THEY REPORT EARNINGS WHILE IN THE BKY? AND IF SO, WHAT WILL THEY REVEAL? I AM ONLY ASKING. I AM A RETIRED ATTY...AND I DON'T KNOW THE ANSWER.
ZLAZARUS - I HOPE YOU ARE CORRECT. MY THOUGHTS ARE SIMILAR. HOWEVER WEEKEND NEWS COULD BE A SKEPTICAL...AND I HOPE NOT. HOWEVER THERE WILL LIKELY BE MORE "DON'T BUY" MENTIONS....AS IN MARKETWATCH 3 DAYS AGO..WHICH TD AMER. PRINTS ON IT'S TRADING SITE. HOWEVER THE GLADIATORS WILL PUSH THROUGH & NOT BE SCARED OFF. I AM KEEPING MY HEAD DOWN AND CHARGING FORWARD $$. JCP HAS NOW CROSSED THE THRESHOLD.
"I DON'T CARE HOW TOUGH YOU ARE...LIFE CAN BRING YOU TO YOUR KNEES - IF YOU LET IT. LIFE CAN KEEP YOU DOWN ON YOUR KNEES, IF YOU LET IT. IT AIN'T HOW HARD YOU HIT....IT'S ABOUT HOW HARD YOU CAN GET HIT...AND KEEP MOVING FORWARD.IT'S ALL ABOUT MOVING FORWARD..THAT IS HOW WINNING IS ACCOMPLISHED." ROCKY (STALLONE) BALBOA, ROCKY 3.
IMPORTANT. A SUGGESTION. I LOVE THIS CHAT BLOG. IT IS CLEAR THAT A NO. TRULY CONTRIBUTE VALUABLY...I TRY AS WELL....LETS ALL JOIN TOGTHER AND KEEP OUR EARS TO THE GROUND OVER THIS WEEKEND RE: ANY NEWS THAT MIGHT FOIL OUR HOPES FOR NEXT WEEK. I FEEL VERY OPTIMISTIC HOWEVER WE SHOULD NOT YET SIT ON OUR LAURELS TOO SOON. A NEG REPORT FROM SOME "KNOW IT ALL" COULD TURN jcpnq QUICKLY. SHARE ALL INFO OVER THE WEEKEND. INCLUDING ANY PAPER NEWS SOURCES -- SINCE THERE ARE BOUND TO BE ARTICLES/COMMENTS @ THIS UPSWING...AND NAY SAYERS WILL HOP IN TO OPINE. MACCA
PS. DID THEY BAR THE NIT-WIT THAT SIMPLY WROTE "GARBAGE"..A FEW TIMES I THINK? I HOPE. INTELLIGENT CRITICISM IS GOOD...NOT STUFF LIKE THAT.
Tom001.....I would bet dinner you are wrong. Macca.
No it won't ...it is the time to rise from the flames....the weekend will just circulate the superb news of a potential buyout/merger....JCP will not go to full fruition through bankruptcy. They still have 400 mill in loan servicing available and are being saved by the crème de la crème top tier buyers.
Yes !! Penny Peeler....very true. I have a good gut that tells me that we are going to make sufficient $$ to be happy.
Don't know @ you, but not in my household....I have 4 daughters and a wife....cloths are coming in and out like crazy. All from AZ. I believe AZ has found it highly profitable...however w their growing in store concept, therein lies the double win. We are in a climate where a company has to do it all ...to stay in the forefront for consumers. With it's 20 stores handling soup to nuts...without check out centers...they are on the cusp of the perfect biz model. JCP may well be part of it. JCP recognizes the transition from a "catalog" and mid-quality item store .. to e commerce can be their rocket fuel. So what do you think of that 29yrinvestor!? Or as Matt Damon said in Good Will Hunting...."hey - how do you like them apples?" Politely joking w/ 29yrin! We are all a team here! I love the exchange and convergence of ideas.
It is not going backwards.... they are getting ready for e commerce.... and they have too many lenders vying to "court" them through the tough time... AZ may be integral. Whoever said that people want to "try on" clothing, jewelry and shoes prior to buying is wrong....AZ has made a mark in the trend "try on and like (AZ "closet") ..or return for free biz, presently. The BK court gave a continuance for a reason. Happens often when 3rd parties express an interest in buying in or merging w/a down company. Hello -recall Apple? and Microsoft stepping in? Research it. Stay positive.
No one is holding it down....it did not help that Marketwatch listed it today as a stock "not to buy" ..the rat turds....however give it time. New needs to circulate. Perhaps over the weekend.
No one is holding it down....it did not help that Marketwatch listed it today as a stock "not to buy" ..the rat turds....however give it time. New needs to circulate. Perhaps over the weekend.
GOT TO SAY..I HAVE BEEN ON OTHER STOCK BLOGS..THERE ARE 100% VESTED CONTRIBUTORS HERE. I LOVE IT !
does anyone know if any of the stocks channels (Squawk B?) has spoken @ it yet?
AGREE WITH ZLAZARUS WHOLLY...UNLESS, THEY HALT TRADING DUE TO AN UNFORSEEN CIRCUMSTANCE.
SO EXPECT A DIP UNTIL @ 10:00-30? STILL FILLING LAST NIGHT ORDERS.
AND THEY ARE STILL FILLING ORDERS FROM AFTER MARKET LAST NIGHT
I cannot get to a TV...has MSNBC or any news outlet spoken about the events?
when the news from last evening circulates...HOLD ON to your saddle.
Guyinairforce - when you find out will you pls announce?
Bucking Bronco today...and well deserved to all.
YOU NAILED IT....INVENTOR1 !!
A HEARING DATE IN JULY, IS VERY GOOD NEWS SINCE THAT GIVES SUFFICENT TIME FOR "SCOUTERS" (OR "SUITORS") TO DO THEIR DUE DILIGENCE IF THEY WISH TO ENTERTAIN ACQUISITION. THAT IS WHY THE COURT'S GIVE AMPLE TIME IN THESE SITUATIONS.
THAT IS VERY GOOD NEWS SINCE THAT GIVES SUFFICENT TIME FOR "SCOUTERS" (OR "SUITORS") TO DO THEIR DUE DILIGENCE IF THEY WISH TO ENTERTAIN ACQUISITION. THAT IS WHY THE COURT'S GIVE AMPLE TIME IN THESE SITUATIONS.
Zebra- Great to see (hear!!) you ! I think it been years....was it at the tech seminar in Chicago in 2016? I hated to leave a day early, however I heard that Gates was present on last day? Macca
"IDK, Commercial Real Estate is a loser, too. Amazon wants the industrial RE, not the commercial. Shipping hubs, and stuff."
I do not agree... ARE WE NOT AWARE THAT AMAZON HAS 19 RETAIL LOCATIONS AND HAS IN PLACE ANOTHER 1-2 TO FOLLOW..SWIPE CARD & GO. PERFECT LOCATIONS?....JP PENNYS?
'It made 0 sense to make a $17 million interest payment"
Exactly !!!!! THAT IS SOMETHING ONE DOES WHEN THEY RE: BEING "SCOUTED" BY ANOTHER BIGGER & BETTER TEAM (AMAZON?)...for obvious reasoning. Who said that Stihlsaw..? SUPERB! Ever read history? Same thing with ballplayers..ever watch Jerry McQuire, Ballers, Moneyball? Who would want to acquire someone or something....that has no potential, or viability.
Stihlsaws - You are 100% correct. Therein lies the key. Macca
The Judge doesn't control this. We will be flying in the right direction higher soon. Negative thinkers, recall Apple (yes, APPLE) was once on the verge of failing. While it did not get as far as bankruptcy, it was close to going bust in 1997. How about GM, Chrysler and Marvel Entertainment - all went through bankruptcy protection. Enough said. $$
We will be flying in the right direction higher soon. Negative thinkers, recall Apple (yes, APPLE) was once on the verge of failing. While it did not get as far as bankruptcy, it was close to going bust in 1997. How about GM, Chrysler and Marvel Entertainment - all went through bankruptcy protection. Enough said. $$
Agreed...however the 2 mill share sell was just the day traders profit taking. I am looking at it as a long term buy. But that is me.
No Judge in the world would say more. They cannot opine. End of story. I am an atty and have handled many bankruptcy matters....believe it or not - quite often it is the best thing that can happen for a company if the company is well branded & vested - which JCP is. They made a $14 million good faith payment. They already have an established Canada & Europe on line presence. When the doors open shortly (in days) and they put their "Amazon" type biz plan on line in effect - the stock will fly. Easily (IMO) to $1 -$2. Within 2 years, I suspect $5. - $7. I am very big into it. They easily could have shut their doors. But no! ....500 stores opening soon. Then another 500. All with a new biz plan? Naysayers go home and cry in 6 months.