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  • I Should Have Shorted J.C. Penney Sooner [View article]
    I believe the author of the article also had a single perspective then.....
    Oct 7, 2015. 09:22 AM | Likes Like |Link to Comment
  • I Should Have Shorted J.C. Penney Sooner [View article]
    I rarely ever buy clothes online that I have not seen or tested in person with the exception of shoes. I prefer to touch and feel clothes, and I am sure that I am not alone. And often times a suit or blouse are needed tomorrow and one doesn't have time to order online and hope it fits. To be fair, I still like to go to Barnes and Noble with the family, but the majority of our books and media have always been purchased not all retail or brick and mortar is comparable. Added to this JCP has things like salons and optometrists that you will never purchase these services from online. And more, women highly prefer to find there right colors and styles of makeup at Sephora and try them out, you can't do that on Amazon!

    For these reasons I do not seen a scenario where all or most retailers fail as you seem to insinuate will fail. And quite to the contrary, I believe JCP has nothing but tremendous upside coming from a situation where nearly everyone was prepping for bankruptcy. The pension news of late is just one more catalyst of many more to come. The new management will return this operation to profitability, maybe not the same level as before, but the company will be around for a very long time. Please short the the rest of us out.
    Oct 6, 2015. 03:42 PM | 17 Likes Like |Link to Comment
  • PC industry stocks slide as Intel tempers Windows 10 expectations [View news story]
    This is just using standard logic. Microsoft is offering 10 as a free upgrade to most tablet, phone and PC users that have 7 or 8.1 currently. There is no need for a pc refresh like XP, unless your running very old equipment. And to be honest, Intel's percentage of the new devices going forward, whether that be tablet, phone or PC is falling. The point one should take from this story is that Microsoft has the potential to be a huge winner as they move away from the standard PC and create the best ecosystem on the planet!
    May 19, 2015. 12:20 PM | 13 Likes Like |Link to Comment
  • J.C. Penney Deserved A Bit Of A Rally [View article]
    Maybe such a rally will happen later. No matter how you argue it, this company has virtually zero risk of bankruptcy anytime soon, yet the company is priced as though it is.

    The turnaround is certainly not a quick process, nothing like what Johnson did in such a short time on the downside, but I am certain long term investors will be very well rewarded.
    May 14, 2015. 12:08 PM | 6 Likes Like |Link to Comment
  • Piper Jaffray sees a big run for J.C. Penney [View news story]
    The price target is more than fair IMO...the only question is exactly when the turnaround really kicks in. It appears this is starting and with any expansion in general retail, JCP stock will have exponentially more upside than most others just due to its low valuation. Watch Out!
    Mar 31, 2015. 09:19 AM | 2 Likes Like |Link to Comment
  • Top marketing exec leaves J.C. Penney [View news story]
    I think your overthinking my point in mentioning this. My point was unless I hear otherwise there is no news here regarding her leaving the company other than the simple statement. She is a woman on the fast track to being a CEO somewhere soon.. and that is not going to be JCP. Her work history and that of many other employees and athlete's as well is to move on to the next bigger better thing worth more money.

    The days of a near life long career with one franchise, team or company are long gone for most. Until we hear otherwise, who cares why anyone leaves.

    I will add that JCPenney's current marketing is quite possibly the best I have ever seen for them. I would be curious to know what she had to do with recreating the current rewards progams and flyers, etc... if much at all?
    Mar 19, 2015. 03:49 PM | Likes Like |Link to Comment
  • Top marketing exec leaves J.C. Penney [View news story]
    I am not sure how anyone can derive much of anything from this short of someone moving on. However take a look at her work history! She is not one to stick around long at any one company. She will probably pop up at another company soon and be there for as much as a few years and then head elsewhere. Maybe she is a great talent and gets bored? Either way, this news has very little to do with JCP as a whole.
    Mar 17, 2015. 10:25 AM | 11 Likes Like |Link to Comment
  • J.C. Penney: What To Do After Today's Massacre [View article]
    Nearly none of the other peers were found nearly left for dead by a joker CEO.

    I just did a quick comparison on many peers, and other than the current EPS and overall valuation, many other metrics look similar. Macy's has over 7B in debt and Kohl's has nearly 5B. JCP had over 5B in current report. As Cash goes, Macy's has over 2B, and Kohl's under 1B. JCP had 1.3B at end of last Q. These numbers look quite similar to me. On Sales, Macy's has over 28B, Kohl's over 20B and JCP over 12B. Profits are not comparable.

    My numbers are rough from quick checks, so don't criticize if off a bit, point I want to make is that I don't think that between these three peers things are all that much different. And also, if your interested in investing in JCP, I am trying to make the point that I believe they can be comparable to the others after the RJ recovery is over. If you don't agree, then you need to buy one of the others if you want to be in retail apparel, but don't short JCP either, probably need another full year before we can write JCP off if that is what happens. Sears may be your place for a short.
    Feb 27, 2015. 02:52 PM | 1 Like Like |Link to Comment
  • J.C. Penney: What To Do After Today's Massacre [View article]
    I am not sure your statement matches what the C office at JCP said in the conference call...Their words:
    "Moving on to cash flow. Our operating cash flow for the quarter was a source of $693 million compared to a source of $383 million last year, an 81% improvement. Our operating cash flow for the year was a source of $239 million compared to $1.814 billion use last year, an improvement of over $2 billion. Overall, our cash and cash equivalents increased $634 million in the quarter.
    Free cash flow for the quarter was a positive $645 million, representing a $400 million improvement over the same period last year. For the full year, free cash flow was a positive $57 million, representing a $2.8 billion increase over last year. This gain was operationally driven by significant improvement in the profitability of our business and strong expense and inventory management. We ended the year with approximately $2.1 billion in liquidity."
    Feb 27, 2015. 02:30 PM | 3 Likes Like |Link to Comment
  • J.C. Penney: What To Do After Today's Massacre [View article]
    Also, I like to remind my friends. Love JCP or hate it, based on the stock alone, the company has a valuation under 3 Billion. Most of their peers have a valuation far more. JCP assets are valued far more than that, the stock is priced nearly at bankruptcy. This only holds as long as the consensus is bankruptcy!
    Feb 27, 2015. 11:50 AM | 2 Likes Like |Link to Comment
  • J.C. Penney: What To Do After Today's Massacre [View article]
    This earnings report was not great, but in no means was terrible. They beat most of their own guidance. They missed analyst's earnings estimates....I have to wonder how anyone could have come up with any number for this company, much less a company such as Apple which is running pretty steady.

    The fact is that Ron Johnson tried to turn JCP into an Apple style model and it failed. Only people that shop at a Nordstrom type store want to pay the $80 price on the tag. The JCP model is back now with coupons, the JCPenney monthly rewards and discounts for using the JCP card and it is better than ever. These programs are easier and more fun to use than the discount programs offered by others such as Kohl's. Now it just takes time to get some of those lost customers to go back in and try it.

    Ron did one thing great and that was to clean up the stores. Most JCP stores look far better than their competitors, especially Macy's. Now that the some of the original brands are back and new things are being added such as Hallmark and upgraded salons, I think the future is looking very good. Sephora is a hit with nearly every woman I know.

    I did expect this future to be occurring much sooner, but how many things happen when analysts and investors expect it. Apple should have had a watch last year and Apple TV was all the rage almost two years ago... Point is, JCP bankruptcy options are dead, the company will survive and it is just working out that plan. I would be very careful on the sell side, might work short term, but in the long term there are many better places to take negative bets!
    Feb 27, 2015. 11:35 AM | 1 Like Like |Link to Comment
  • Subscriber growth at Sirius XM highlights earnings beat [View news story]
    Sirius is only in North America...most of the world population is in Europe and Asia...where NFLX is moving right now!

    I will pay $20 a month to listen to audio in my car, I will currently not pay more than that unless I also have video with that audio. I will pay $100 a month to have video broadcast across all my devices anywhere I am. At some dollar amount free seems better than paid, that dollar amount is far higher for video content for most persons.
    Feb 25, 2015. 11:45 PM | Likes Like |Link to Comment
  • Transocean beats by $0.18, beats on revenue [View news story]
    Thanks for the news...there is a lot to process.
    Feb 25, 2015. 11:21 PM | Likes Like |Link to Comment
  • Transocean - 3 Things Investors Need To Know [View article]
    Thank you, I was unaware. I see it came through just but ago at 11pm EST. Top and Bottom line were great beats. don't know about other factors yet.
    Feb 25, 2015. 11:18 PM | Likes Like |Link to Comment
  • Transocean - 3 Things Investors Need To Know [View article]
    Damn...was pushing button the place my sell order and missed after hours by 3 seconds. Lets hope hearing nothing is not bad news
    Feb 25, 2015. 08:02 PM | Likes Like |Link to Comment