My two favorite retailers – Sears and JC Penney are doing me proud today. The Wall Street shills and shysters have been touting the turnaround at JC Penney and telling the muppets to buy, buy, buy. Looks like some more dead muppets on the curb.
JC Penney and Sears are going to declare bankruptcy. It’s just a matter of when. Do not listen to CNBC bimbos, Wall Street scumbags, or the lying sack of shit CEOs of these walking dead retailers.
This picture will be seen in malls across America.
J.C. Penney shares tumble after September sales growth outlook cut
By Tomi Kilgore
Published: Oct 8, 2014 11:35 a.m. ET
NEW YORK (MarketWatch) — Shares of J.C. Penney JCP, -9.41% tumbled 11% Wednesday after the department store chain cut its September sales growth outlook. Chief Financial Officer Ed Record said at a meeting with analysts that same-store sales are now expected to rise in the low-single-digit percentage range over year-earlier results, down from a previous forecast of a mid-single-digit percentage growth. The stock has now lost 25% over the last month, to the lowest level seen since May 15. It has lost 10% year to date, compared with a 4.8% gain in the S&P 500.
