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Future Predictions
JCP
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<blockquote data-quote="HDRKID" data-source="post: 194159" data-attributes="member: 43"><p>JC Penney explores bankruptcy options just now. They are blaming corona virus.</p><p></p><p><a href="https://finance.yahoo.com/video/j-c-penny-explores-bankruptcy-153719973.html" target="_blank">https://finance.yahoo.com/video/j-c-penny-explores-bankruptcy-153719973.html</a> </p><p></p><p><a href="https://www.cnbc.com/2020/05/08/jc-penney-in-talks-to-fund-potential-bankruptcy-filing-next-week.html" target="_blank">JC Penney in talks to fund potential bankruptcy filing next week</a> </p><p></p><p><a href="https://www.businessinsider.com/jcpenney-plans-bankruptcy-filing-and-store-closures-report-2020-5" target="_blank">JCPenney is reportedly considering filing for bankruptcy and closing hundreds of stores</a> </p><p></p><p>I predicted back in 2005 a lot of malls going away. Also, a lot of famous names gone. Well, here we are.</p><p></p><p>JCP stock is 17 pennies today and it was <strong>$86.35</strong> on February 21, 2007, it will be worth less that one penny soon.</p><p></p><p>I still remember back then predicting empty shelves in groceries. People need to wake up.</p></blockquote><p></p>
[QUOTE="HDRKID, post: 194159, member: 43"] JC Penney explores bankruptcy options just now. They are blaming corona virus. [URL]https://finance.yahoo.com/video/j-c-penny-explores-bankruptcy-153719973.html[/URL] [URL="https://www.cnbc.com/2020/05/08/jc-penney-in-talks-to-fund-potential-bankruptcy-filing-next-week.html"]JC Penney in talks to fund potential bankruptcy filing next week[/URL] [URL="https://www.businessinsider.com/jcpenney-plans-bankruptcy-filing-and-store-closures-report-2020-5"]JCPenney is reportedly considering filing for bankruptcy and closing hundreds of stores[/URL] I predicted back in 2005 a lot of malls going away. Also, a lot of famous names gone. Well, here we are. JCP stock is 17 pennies today and it was [B]$86.35[/B] on February 21, 2007, it will be worth less that one penny soon. I still remember back then predicting empty shelves in groceries. People need to wake up. [/QUOTE]
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