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Jcpenny

JCP - JC Penney HoldNYSE:JCP It is too risky to invest now in this stock. Technical Analysis shows a bearish market, that could move sideways if an agreement with the lenders will be found, otherwise it might file for bankruptcy and most likely all the money invested will be lost. Fundamental Information. The company, once worth billions, is now valued at just $79 million, with the stock trading for pennies on the dollar. J.C. Penney could file for bankruptcy as soon as May 15. It is in talks to fund its business during the bankruptcy process. One option is a $300 million to $500 million loan, which is far short of the $1 billion the company had hoped for.
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by Mauriello
2
JCP "Long"Im expecting a bounce to $1 or so.. there is many reasons like investors that might want to rush into this opportunity at this great price! JCPenny is so cheap it doesn't make sense to ignore this chance.. it is likely that JCPenny will go bankrupt in the future.. but thats more than a couple months away.. they are asking for a bailout which could result in a bullish short term sentiment making it pump big :) I think this is a great opportunity and should just set a stop loss at .20 to .21
JLong
by mzombie2
6
Will they name JCPenney JCPenny?J. C. Penney Company, Inc. is an American department store chain with 865 locations. It is a micro-cap @$187million. This upcoming earnings, this companies fate will be decided as the street awaits details of long-term plan. If the stock remains below $1 for a period of 30 consecutive business days, they will face delisting from the NYSE market. JCP August 0.50 straddle is priced for a move of 30% into the expected release of quarterly results before the bell on August 15th. Analyst note: B. Riley FBR lowers their JCP target to $0.60 from $1.30 as they believe that amid traffic/discounting pressure that has been impacting retail in general, there is downside risk to estimates.
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by dorfmanmaster
J.C.Penny HIGH RISK HIGH REWARD - EARNINGS CALLJ. C. Penney Co., Inc. is a holding company, which through its subsidiary, J. C. Penney Corporation, Inc., engages in the selling merchandise and services to consumers through its department stores and website. It offers appliances, handbags, shoes, jewelry, shoes, and clothes. The company was founded by James Cash Penney in April 1902 and is headquartered in Plano, TX. P/E Current -0.74 P/E Ratio (with extraordinary items) -0.58 SHORT INTEREST 123.06M 07/31/19 Average Recommendation: UNDERWEIGHT Average Target Price: 0.96
JLong
by DEXWireNews
1