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The market is way ahead of itself in pricing in a successful J.C. Penney (JCP) restructuring,...

The market is way ahead of itself in pricing in a successful J.C. Penney (JCP) restructuring, according to Margaret Bogenrief. She argues that with most of the retailer's assets pledged and the financial engineering running out of new tricks, things could easily get worse before they get better. JCP +0.3% premarket.
Comments (2)
  • GioTrader13
    , contributor
    Comments (52) | Send Message
     
    HUMMM... Margaret Bogenrief (ex Model) or George Soros, Bill Ackman (Professional Investors). I'll stick with them... sorry Maggie cover your short and go buy a new Gucci bag it will make you feel better.
    8 May 2013, 08:25 AM Reply Like
  • j main
    , contributor
    Comments (207) | Send Message
     
    I see. Should I listen to you singing the praises of the investor who lost over 50% by bringing in Ron Johnson or just about anyone else with a calculator? I really doubt that the devastation of Ron Johnson's actions is anywhere near over.
    8 May 2013, 08:58 AM Reply Like
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