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J.C. Penney (JCP +11.8%) might have a little breathing room with its cash flow headaches as...

J.C. Penney (JCP +11.8%) might have a little breathing room with its cash flow headaches as Goldman Sachs reportedly rounded up financing for the retailer of $1.75B. The news is good enough to help shares pop over $17 for the first time in over a month. (Previous: Stars starting to line up for JCP?)
Comments (8)
  • Transcripts&10-K's
    , contributor
    Comments (687) | Send Message
     
    Let the short squeeze begin...
    26 Apr 2013, 03:34 PM Reply Like
  • Mark Krieger
    , contributor
    Comments (3780) | Send Message
     
    the shorts will push this bad boy to $18 on Monday.
    26 Apr 2013, 08:15 PM Reply Like
  • dsr70
    , contributor
    Comments (1407) | Send Message
     
    We've already seen a marked reduction in short interest over the last several months. Not sure there's anything here. http://bit.ly/Y3X05L
    27 Apr 2013, 07:54 AM Reply Like
  • Zeus2012
    , contributor
    Comments (697) | Send Message
     
    This data is outdated.

     

    Would not be surprised if the stock touch $20 in the near term.
    27 Apr 2013, 03:50 PM Reply Like
  • dsr70
    , contributor
    Comments (1407) | Send Message
     
    Latest info at NASDAQ was 4/15. Do we have later short int data?
    27 Apr 2013, 04:07 PM Reply Like
  • Zeus2012
    , contributor
    Comments (697) | Send Message
     
    Won't get published for about anther 2 weeks.
    27 Apr 2013, 04:29 PM Reply Like
  • Value Added
    , contributor
    Comments (459) | Send Message
     
    Stars may be lining up for JCP, but customers are not yet. I don't see any competitive differentiators for the company.
    27 Apr 2013, 07:03 PM Reply Like
  • Sammy Lee
    , contributor
    Comments (299) | Send Message
     
    I agree. I don't see anything that's made a material difference to JCP's strategic position in this sector. What do the big boys see in this thing?
    27 Apr 2013, 07:42 PM Reply Like
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