J C Penney Corporation, Inc. (JCP)

All Comments on JCP

  • commenter
    exposethefra
    uds
    Oct 04 03:41 PM
    My Website
    Imminent Rate Cut? - Cramer's Stop Trading! (10/3/08) [view article]
    Why in God's name do we permit the premeditated destruction of an American company by hedge fund thugs who use innuendo, rumors, story plants, manipulation, and outright thievery to line their pockets?

    Picture these guys in their double breasted pin-stripped suits sitting over a plate of beef tartar, overly white teeth and pudgy cheeks plotting the demise of a great company like Apple. Only in America and only in a country that still does not get it that unless you put these thugs out of business once and for all, our country will suffer. The hedge fund mafia will kill the goose that laid the golden egg.     Reply
  • commenter
    cooked
    Oct 04 01:46 PM
    Imminent Rate Cut? - Cramer's Stop Trading! (10/3/08) [view article]
    People may have the "right" to sell short as well as to sell long - although that is an interesting choice of words - but if you cannot appreciate the potential /probable harm to an economy that comes from driving a stock or company into the ground, I don't really know how to reply. Yes the exagerated momentum that results from excessive long positions does tend to inflate a companies stock unreasonably. But normal market response tends to temper that. The harm from driving a stock up is not an equal measure of driving it down. The latter creates panic, and the result of panic is not an equivalent to the result of unreasonable euphoria. Reply
  • commenter
    nova
    Oct 04 09:44 AM
    My Website
    Imminent Rate Cut? - Cramer's Stop Trading! (10/3/08) [view article]
    Back in 1920s, some people took a stock market investment advice from a local shoeshine boy. These people lost a lot of money but I don't feel sorry for them. They got exactly what they paid for.

    Now, we have Jim Cramer, a clown, whose financial advice quality is not much better than from an old-good shoeshine boy. Well, the consequences will be just the same.

    History tends to repeat itself...     Reply
  • commenter
    Pfloyd234
    Oct 03 11:45 PM
    Imminent Rate Cut? - Cramer's Stop Trading! (10/3/08) [view article]
    I don't short stock but I do sometimes buy put options.........but I think this short sale ban is a joke.....It will not help these companies from going down......a short is a future commitment to buy the stock. Is their even any proof that shorting causes stocks to go down.....I know that it can force it to go up during a short squeeze. People have the right to short just as they have the right to go long! Reply
  • commenter
    basehitz
    Sep 07 10:24 AM
    How Did Major Retailers Do in August? [view article]
    Your work is instructive. Several articles about collective debt level have me very concerned:

    1) From Seeking Alpha
    The Great Consumer Crash of 2009
    by: James Quinn posted on: August 14, 2008

    2) From Dr. Marc Faber Market Comment: October 9, 2005
    gloomboomdoom.com
    (Note here that the ONLY time in history when our debt level even approached today is just before the Great Depression. Not a prediction, just an editorial note. But today our debt level is worse. )

    3) from Barrons Feb 11, 2008
    "This Credit Crisis Has a Long Way to Run"
    Interview with Jeremy Grantham, Chief Investment Strategist, GMO
    Barron’s By SANDRA WARD

    The above is a lot of data to take in. The picture, due to grossly excessive credit expansion, is bleak.

    I disagree with your suggestion that consumers will wise up. Some will for sure. But most won't until they are forced. And they will be due to credit restrictions now becoming much tougher. The banks will cut them off.     Reply
  • commenter
    junkyarddog
    Sep 05 09:29 AM
    Options Trader: Thursday Outlook [view article]
    User 143167: you are a freaking genius. You're right. It's not manipulation, it's pure market fundamentals. Due to the current state of the world economy people are driving less, flying less, consuming less oil (even China!), and... the price of the barrel of oil is low, and purely on fundamentals. How dumb I was to think that oil at $146 was price manipulation! These ethical oil traders would never do that to us. Kudos to you for your wisdom. Thanks for sharing, I'm sure nobody here knew about this. Wow. Reply
  • commenter
    User 143167
    Sep 04 09:42 PM
    My Website
    Options Trader: Thursday Outlook [view article]
    You guys are all on wishful thinking. The biggest wishful thinking is "oil prices are manupilated by speculators, so that its plunge has no indication on global recession."
    Just hope, yeah, but you can keep that up until DOW are under 10000.     Reply
  • commenter
    BSchecker
    Sep 04 01:54 PM
    Options Trader: Thursday Outlook [view article]
    Oil going down certainly not saving the market today. Goog and BIDU really takking it on the chin. Reply
  • commenter
    Brad_West
    Sep 04 01:32 PM
    Options Trader: Thursday Outlook [view article]
    Hummm...funny...I sart putitng out guilty banks names and it gets removed from the post...weird. Reply
  • commenter
    Brad_West
    Sep 04 01:30 PM
    Options Trader: Thursday Outlook [view article]
    You are so right JunkYardDog on the candidate types. My real questions. When will the public get a cut of the money when the CFTC, congress and the rest of the regulators find out that speculators made prices rise on incorrect data from import suppliers that were caught in a make more money scheme. The speculators never bought the oil and the suppliers sold it to the people that did at the high premimum....

    I won't hold my breath. Neith one of the candidates are saying anything about that...this is why specualtion and manipulation of data is still going on. If a bank (Goldman...cough...Cha... cough) is found to help cause this they would have to pay a small fine compaired to the billions they made because they don't care and are going to keep doing it until things change. Hummm...they screw us in the mortgage game and get our money...then they get caught and loose everything they get more money from us some other way (oil)...then they go to the precious metals market when oil is being looked at...now they are moving to the corn and grain markets since gold and silver are getting press...wonder where they will go next. Someone needs to stop this crap.     Reply
  • commenter
    junkyarddog
    Sep 04 01:08 PM
    Options Trader: Thursday Outlook [view article]
    As far as the White House goes, we all better get used to McSame. I have to give it to them: "Hockey Mothers for Palin Power" is one of the biggest idiocies I've seen in a while, but Palin was the bomb last night. Her appeal was great, and that's all it takes sometimes to win an election.

    Give it to the Republicans: politically they're a lot smarter than the dems. Unless, the dems really wanted to lose this election on purpose, as I'm starting to believe.

    So, Phil, the oil bouce back to $110 won't last long. Thank goodness the downward pressure is still on.

    Your article "The Oil Shortage, and Other Fairy Tales" published here on May 22, 2008 is the best piece of literature published this year. Man, you're good, I just wish you wouldn't hope so much for politics to change significantly the status quo. Not with these candidates. Our options are simple:
    a "community organizer" versus a "war monger".

    Tough choice.
    Reply
  • commenter
    User 143167
    Sep 04 12:22 PM
    My Website
    Options Trader: Thursday Outlook [view article]
    Philip, I think today's market gives you a lesson, which is :" There is nothing you can actually cheer about the plunge oil price that reflect a deeper global recession."
    Now every sectors will be sold-off and the bear market is just about to begin.     Reply
  • commenter
    David White
    Sep 04 11:04 AM
    Global Growth Trades - Fast Money Recap (9/3/08) [view article]
    The petroleum data show much much bigger than expected draw downs, and next weeks data are yet to come. Add Hanna, IKE, and Josephine to the equation. Then you come up with a scenario in which oil and gas seem likely to rise. Reply
  • commenter
    David White
    Sep 04 10:54 AM
    Global Growth Trades - Fast Money Recap (9/3/08) [view article]
    Correction: The data from the shut ins and damage due to Hurricane Gustave will likely not appear until next week. The oil and gas companies did not really shut in until the very end of last week. The not as relevant petroleum data is due out today at 11am EST.
    Reply
  • commenter
    David White
    Sep 04 10:31 AM
    Global Growth Trades - Fast Money Recap (9/3/08) [view article]
    The market is starting to go down seemingly based on more bad news form the banking sector. LEH is struggling with KDB. MER and AIG are having similar difficulties with their balance sheets. Reply
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