Bargain Hunting At J.C. Penney

Bargain Hunting At J.C. Penney

There are 2 comments on the Seeking Alpha story from Jan 16, 2013, titled Bargain Hunting At J.C. Penney. In it, Seeking Alpha reports that:

Armed with fancy, Nobel Prize-winning equations and Greek terminology such as beta, portable alpha, neutered theta and sigma-squared delta , an army of consultants evaluates mutual fund and hedge fund manager performance on a monthly and quarterly basis, ignoring the fact that in the short run, stock movements are random and require no skill to ... (more)

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janet

Davenport, NY

#1 Jan 20, 2013
don't undestand all ofd that legal junk just give i t us in simple plain english for evryone to understand
bob haller

Pittsburgh, PA

#2 Jan 20, 2013
Seeking alpha is largely biased encouraging positive comments about JCP & RJ and banning people who post negatives about the company. everyday low prices cant work since to maintain profits the everday low prices cant be as low as other companies sale prices, since the other companies still sell stuff at full retail. plus JCP is not apple and never will be. The penneys branded merchandise could sell for less then other companies brands where martha stewart rakes off a percentage of the profits for the name. Has any other retailer ever had as large as sales drop and survived? I dubt it. If RJ continues running JCP the company will be liquidated for real estate value and rons golden parachute will richly reward him:(

I feel bad for the remaining long term employees of penneys. Its terrible to work for a company going out of business, been there done that in 1984

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