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hotrodjj

hotrodjj
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  • Deere Can Run For Today's Investors [View article]
    rfarm I grew up on a farm in Madison county Iowa near Winterset, South of Des Moines. When I graduated from high school in 1962 I worked at John Deere in Ankeny Iowa for eight years, in the shop. I truly love John Deere and believe their machinery is the best on the planet. I go long the stock when I feel long and I go short the stock when I feel short. I have made money both ways. At this time I believe the stock will likely go below 70 before it goes to 80 and will buy long when and if it goes below 70. I would not argue that it will be above 100 in the future and I hope it is, but I do not invest buy and hold. I am a short term trader and look at days and weeks, not years. So, my style is just my style. NO one on the planet knows where the stock will go tomorrow let alone five years from now. I am retired in Sun City Arizona.
    Aug 30 06:30 PM | Likes Like |Link to Comment
  • Deere Can Run For Today's Investors [View article]
    rfarm So, laughing out loud at the millions of people who lost their homes to foreclosure. So, laughing out loud at 27 million people who are now unemployed and looking for work. So, laughing out loud at the thousands and thousands of homeless who were never homeless before 2008 but now are. So, laughing out loud at the tens of thousands who have lost their health insurance. Life is good, huh.
    Seems like a pretty cruel and callous statement.
    Aug 30 03:47 PM | Likes Like |Link to Comment
  • Shares of Macy's (M -0.5%) are rolling over after Bloomberg reports that its preliminary injunction of JCPenney (JCP -0.5%) will be denied. [View news story]
    JCP is totally irrelevant and down for the call. Macy's is a superb retailer. Buy Macy's sell JCP.
    Aug 30 01:07 PM | Likes Like |Link to Comment
  • Deere Can Run For Today's Investors [View article]
    I've watched the phychology of traders in the stock market for 30 years. The vast majority of the time the smaller retail traders go long and never consider short. There is this never ending almost frantic fear that "I must be invested long right now or I will be losing out." To much watching the ever bullish financial channels who must stay bullish to sell advertising and attract viewers. The dishonesty of the financial channels and most of their guests is astounding. They have a vested interest in getting the viewers to BUY BUY BUY. Their gain is your loss a high percentage of the time. Successful traders pay little attention to all this hyperbole and trust their own research, intuition and gut.
    The human brain, huh, you got to love it.
    Aug 30 12:55 PM | 3 Likes Like |Link to Comment
  • Deere Can Run For Today's Investors [View article]
    If you believe there is a high likelihood of a wild ride or short term pain why not use one of the greatest gifts given to man, PATIENCE. Buy in the high 60's. If it never gets below 70, so what, you still have your cash. Many stock traders lose money because they jump in on a blog like this one, or a hunch, or rhetoric on CNBC, etc. What's the rush? With the indexes at near five year highs do you really think there is going to be NO correction before the end of the year and the market is going up to record levels on such mediocre numbers?
    Aug 30 09:55 AM | 2 Likes Like |Link to Comment
  • J.C. Penney (JCP +4.4%) shares power higher after the retailer rolls out its second round of shops as part of CEO Ron Johnson's transformation, as Liz Clairborne, IZOD for men and jcp brand shops (one each for men and women) will officially launch Sept. 1. Nearly 100 such shops are planned to be included within its stores over the next few years. [View news story]
    I just wonder how many of the JCP defenders know what a VALUE TRAP is. Biggest sucker play that wipes out millions of unaware stock investors annually. Might want to read John Maxfields article at Yahoo Finance JCP. THE BIGGEST VALUE TRAP IN RETAIL. Posted today 8/29/12. This is where the pros clean the amateurs clocks for them.
    Aug 29 09:41 PM | Likes Like |Link to Comment
  • J.C. Penney (JCP +4.4%) shares power higher after the retailer rolls out its second round of shops as part of CEO Ron Johnson's transformation, as Liz Clairborne, IZOD for men and jcp brand shops (one each for men and women) will officially launch Sept. 1. Nearly 100 such shops are planned to be included within its stores over the next few years. [View news story]
    Does this mean that JCP will now have Liz Clayborne and IZOD and be the exclusive seller of these brands and the consumer will not be able to buy these brands at the dozens of other retailers who have been selling these brands for years? Is that why the stock is up over 1 dollar today? If Ron Johnson released a presser that the earth is really flat would all of these JCP stock buyers run to the edge? I think so. Old worn out JCP in the old worn out Malls.
    Aug 29 03:02 PM | 1 Like Like |Link to Comment
  • Don't Be Fooled By Strong August Retail Sales [View article]
    Great article. Straight forward and no spin. Thanks
    Aug 28 03:29 PM | 1 Like Like |Link to Comment
  • J.C. Penney - Not Buying The Transformation [View article]
    Yeah, right. I agree JCP does have a fair amount of assets to burn through but from what I see so far I believe Ron can burn through it with ease. Circuit City replay.
    Aug 28 03:09 PM | Likes Like |Link to Comment
  • J.C. Penney (JCP +0.8%) banks on a late back-to-school season surge as it retools fashion lines and stays goods-light waiting for a second wave of buying. If the retailer's read is spot-on it may avoid the fate of Abercrombie & Fitch which played its hand too quick with fall and winter lines - putting it in a forecasting mode instead of a reactionary one. [View news story]
    Yeah, that late back to school season surge should hit around, say, Christmas time in December. Lots of back to school shoppers are just waiting for JCP.
    Aug 27 08:49 PM | 1 Like Like |Link to Comment
  • J.C. Penney - Not Buying The Transformation [View article]
    Must have struck a nerve. And if you don't agree with me "the best strategy is for you to keep quiet," how's that for honest debate. Sounds like panic has set in. Mr. Falling, I and many others agree with your straight forward and honest article. Freedom of speech I believe.
    Aug 27 08:39 PM | 1 Like Like |Link to Comment
  • J.C. Penney - Not Buying The Transformation [View article]
    Johnson and Ackmans efforts are a joke. They have single handedly destroyed years and years of customer loyalty at JCP. In 30 years of equity investing I have seen few good companies dive into the ground so quickly. Your article is a good one, and Mr. Falling, don't be intimidated by bloggers who are upside down in the stock and frantic to talk the stock up. The skeleton pile in stacked a mile high with companies like JCP that didn't make the trunaround. There is nothing special or exclusive at JCP. One fact is absolute, the stock price can always go lower. JCP is a 12 to 15 dollar stock. When stockholders get fed up with Johnson's hyper rehtoric they will abondon the stock. Stand back and watch.
    Aug 27 08:12 PM | 1 Like Like |Link to Comment
  • Stay Away From J.C. Penney: Management Is In Denial [View article]
    There is nothing exclusive or unique about JCP. Ron actually thinks he is so brilliant that he is going to out fox Macys, Dillards, Target, Norstroms, Walmart, etc. Think again. There is no magic secret. The lowest prices, good products, exceptional floor personnel, good return policy, merchandise stocked superbly, exceptional exposure to sales and reasonably fast checkout. Forget Ipad's, we already have them. Innovation of Pay Pal and others are going to eat his lunch.
    Aug 27 12:19 PM | 2 Likes Like |Link to Comment
  • Stay Away From J.C. Penney: Management Is In Denial [View article]
    Very very realistic article. Buying JCP stock at this time is simply Vegas roulette. The guilable are going to pay the price, it happens over and over and over in the stock market.
    Aug 27 09:39 AM | 2 Likes Like |Link to Comment
  • J.C. Penney Bonds Offer 9% Yields [View article]
    Absolutely the bond holders might not be made whole. There is no guarantee or insurance against loss of principal on JCP Bonds. If JCP does not have liquid assets to pay the principal on the bonds at maturity the bond holders could come up short. Buying a 9% junk junk bond in a 3% to 5% corporate bond environment is like rolling the dice. Especially with the mess Ron Johnson has put JCP in.
    Aug 26 10:21 AM | Likes Like |Link to Comment
COMMENTS STATS
48 Comments
31 Likes