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May 15, 2012 – Comments (2) | RELATED TICKERS: JCP

To me, it is no surprise that JCP got smacked after hours.  JCP has a huge run based soley on the fact that Ron Johnson took position of the company.  But do you know anybody who all of a sudden got excited to shop at JCP since he took over? Did any consumer care?  Do you even know anybody who likes JCP?

Just an example of how investors can forget to check the actual company, rather than the stock.

2 Comments – Post Your Own

#1) On May 15, 2012 at 4:39 PM, TheDumbMoney2 (98.61) wrote:

I wouldn't touch that company with a rolled up Sears stock certificate.  A total avoid until (and if) there is actual evidence of some sort of a turnaround.

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#2) On May 16, 2012 at 8:20 AM, drgroup (69.31) wrote:

I thought JCP went out of business years ago. Are they still open? Who is Ron Johnson?

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