Boiler Room: The Official Stock Market Discussion

[Futuristic Eskimo]

What are you thinking on jcp?
I think the fact that is has trended in the 13.80-13.90 range on such low volume is encouraging. It's going to hit 16 minimum on a decent CEO pick just off volume.

I dont like the company longterm and it seems as though bankruptcy is a viable option at this point. Theyre going to need an outstanding holiday season to save themselves. Im going to hold my calls for the inevitable pop back to around 15-15.50 but I will be getting out when that happens. its too volatile for me.

This has not worked out well so far

 

[Bernie Madoff]

This has not worked out well so far

Jcp has a another bump to $15 off of press releases. These hedge funds will manipulate a price spike. They name big CEO and the stock will take off. I think this release of news of them seeking money(which will drive the price down) is on purpose.

 

[Bernie Madoff]

As far as jcp the company it looks bad. To order a men's shirt off my iphone I need to make 6 clicks before I even start shopping. Jcp could cutthroat tjx on the low end prices because tj maxxx and Marshall's can not have the detailed inventory that a jcp does. Jcp needs me to lead them.

 

[aliG]

@Bernie Madoff Visionary posts. Daps.

 

[Bernie Madoff]

@Bernie Madoff Visionary posts. Daps.

No doubt. Have you seen the jcp mobile site? It's pretty horrendous. When you click men's you should atleast show the visual of the top men's items based off sales. Just clicking through text links is not acceptable. I went to buy luggage off jcp and quit about 5 minutes in, still clicking links.

 

[Bernie Madoff]

Bbry halted again!!!!!

 

[aliG]

Bbry halted again!!!!!

Its down 6% today.

 

[NaijaProdigy Redux]

Bbry halted again!!!!!

Purchased by Fairfax Financial for $9.00 a share.

Not a huge premium at all.

 

[Bernie Madoff]

$9 a share from fairfax..

 

[ThaBoyBam]

$9

 

[Bernie Madoff]

Purchased by Fairfax Financial for $9.00 a share.

Not a huge premium at all.

I would vote against the deal as a shareholder.

 

[NaijaProdigy Redux]

I would vote against the deal as a shareholder.

I'd be seething right now if I had a large position.

God knows the cost basis of some of the shareholders

 

[Bernie Madoff]

I'd be seething right now if I had a large position.

God knows the cost basis of some of the shareholders

Pretty obvious they halted the stock on Friday knowing this was coming Monday.20% discount, bod sold out the shareholders.

 

[ill]

Bbry will be sold for more than 9. I think they leaked it so the shorts that took it down 20% know that 9 is the minimum that bb will go for.


Apple seems to have turned a corner. I'm thinking it has a good chance to get back to 550 in the next 2 weeks. Anyone have thoughts on apple?

 

[Bernie Madoff]

I'm in aapl at 463.79