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J.C. Penney (JCP) falls another 4.8% AH as a secondary offering of 10M shares is being marketed...

J.C. Penney (JCP) falls another 4.8% AH as a secondary offering of 10M shares is being marketed by Deutsche, presumably - says one trader - for Vornado Realty Trust (VNO).
Comments (3)
  • Note to self: just because it worked at AAPL, doesn't mean it's going to work at MY company...
    4 Mar 2013, 04:57 PM Reply Like
  • Johnson was called a genius for the retail AAPL success. Sorry, but AAPL products of those years were so good that selling from dumpsters would have worked. It told us nothing about Johnson.
    5 Mar 2013, 02:38 AM Reply Like
  • core operating cash burn vs real estate, real estate does not pay the bills. slow liquidation? decades to build a customer base and months to a year to lose'em. the dangers of retail.
    5 Mar 2013, 07:02 AM Reply Like
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