J.C. Penney Company, Inc. (NYSE:JCP)
The Company sells family apparel, jewelry, shoes, accessories and home furnishings to customers through department stores and Direct (Internet/catalog).
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All the bad news is behind this company. I'm wagering that things will progressively improve in the next 5 years.
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My timing in JCP has been beyond awful, apparently I am failing to learn my lesson to short Ultra ETFs and not stocks... stupid me. But I am not confident in the stock long run. Billionaire grudge matches - wow
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im not buying the pop in price....running out of money can be a problem....even big investors get it wrong sometimes....so they bring back a CEO that didnt fix it the first time..now what? unless things are different...they are the same
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We should know in a year if JCP can save itself. Why not take a gamble on this turnaround?
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Billionaires don't invest to loose money and when you have hundreds of millions tied up in a company it definitely a long term play. This as a major share holder who will demand significant changes in the company which includes helping to find a new CEO that is exemplary with new ideas not just the old. We shop there when we new there were sales when they stopped advertising I stopped shopping there.
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Company has large amounts of debt and bringing back a previous CEO will not help, nowhere to go but down for this company.
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Can't believe I haven't recorded this in Caps yet. Gave this the red thumb on Investor Beat today. Fundraising notwithstanding, there are just too many headwinds for these guys at least in the short term. They may be able to exist as a smaller company, but put your investment dollars to work elsewhere.
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They have great locations and a customer base that can be revived. Unlike Sears, JCP has a clean design image and a good value quality image for clothing and homegoods. Not the trendiest but not as far gone as Sears. JCP can be saved.
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CEO is now bringing back the JCP Look, Sales jargon and increasing relationships with Retailers that are pricelist. CEO could minimize the loss of 100 Million Dollars and get permission to sell certain Martha Stewart home decor
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Changing styles is leading to the loss of loyal customers without getting enough new customers. The downward spiral continues. . .
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Though I don't love the company, I feel this one is just a little oversold at this point
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CEO change not enough to get back on track.
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Old CEO will get company back to basics
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Lordz.......
Read my blog.........
http://caps.fool.com/Blogs/ron-johnson-still-overpaid/811704
I'm not much of an apple nor Ron Johnson fan....
JCP totally overpaid this fool and his performance speaks for itself...
If JCP really wanted to send a statement they would force him to personally apologize to each and every JCP employee for his failures and than would have security escort him out the door not to the company plane but to a bus to ship him back to the failure place somewhere back west.
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in a troubled turnaround, lots of bad news to boot, however company has at least 2 years of liquidity, plenty of valuable real estate and huge potential for increased stock price
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I'm gonna pop some tags. Only got twenty dollars in my pocket.
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The high costs of brick and mortar retailing make it impossible for JCP to grow under its current model.
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Turnaround will revitalize the company.
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new CEO a disaster, company will go under or be bought out. Where is the board? Lost the middle age and mature customer , the one's with $.
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Buy and hold until it hits $22; the turnaround is working, slowly but surely
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