Sunday, November 26, 2017

Noob looking to invest in retail outlet...

...Specifically JC Penney. I know the ask is at $3.26 after a great nosedive in the past, like, year. I also know even their bonds have been plummeting fairly recently (though I don't yet quite understand how that part might come into play as far as an indicator of future success). I see a lot of reports saying sell, and a couple saying hold. I also have no idea how much trust I should place in the sources of these reports, at least in terms of having enough evidence to pretty much flag a security as a total money pit.

On a scale of newb to noob, how much of an idiot am I for thinking JCP might actually bounce back and be actually a decent buy, partly considering its the holiday season?



Submitted November 26, 2017 at 01:10AM by Rooster__Cogburn http://ift.tt/2n88XfI

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