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JCP - 64% If They Go Bankrupt Multibagger If They Don't: Penney's From Heaven
J.C. Penney Company Inc.
I love articles such as, "J.C. Penney's Debt Is Untenable". It is well written, yet negative about something I am invested in long. Thus, it makes claims I can research. Either I learn something I wasn't aware of and thereby am able to cut my losses, or in researching the negative case become more confident in my investment. In this case, my conclusion was more of the latter - long KTP (at the right price) remains a well thought out investment.
Where my analysis differs with the author is he primarily drew his