Question posted by TechGeniusX on January 1st, 2013
Jc Penny Stock Prices?
Current Answers
Answer #1: Posted by goldielxs on March 14th, 2013 11:56 AM
As of now they are cash strapped and selling off non core merchandise. To me that is a red light for pending disaster! All Johnsons changes are a dismal failure with shoppers. Their QE are in the tank continually dropping. Since there is no talk of getting rid of Johnson I say Sell! If you hold on and they close, I think you can take the write off on taxes. There has been so many changes with tax code check with who does your taxes to see if you can write it off, if not then def. sell!
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