JC Penney Co JCPNQ

RE:chart action

[RichyRich$]

Carlos, the stocks like JCP that are in the lime light nose dive but rebound just as hard. Notice historically JCP usually nose dives no longer than 2 years and then goes for a 2 year rally. 2007 to 2009 it nose dived and then tripled from 2009 to 2012. The past 2 years down, now a long term up. I saw the same horror stories with Silver Standard Resources last November when it hit $5.30. A few analysts calling $3.00. Now Silver Standards is at $12.00. The analysts are just out to make headlines and drive traffic. Sears has a higher stock price based on worse financials. It will go up and the shorts are covering big time. Already in the $6.00's for good now. Also keep in mind other companies that got driven down based on bankruptcy fears but rebounded. Air Canada $2.00 to $10.00 in 2013. The media is all out for their own deceitful interest. One article had headlines showing Soros completely exited JCP, while the truth and other articles said he just trimmed some of his holdings. The first deceitful article is obviously working for the shorts. The shorts are losing in spite of those deceitful articles. There's actually a lot of option calls for JCP $7.00 on February 22. You're gonna lose money buddy. The tide has turned. You lost your money.