JC Penney: A Buy Or A Sell After Friday’s Drop? – Seeking Alpha

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JC Penney: A Buy Or A Sell After Friday's Drop?
Seeking Alpha
Nonetheless, the retailer's announcement of store closures and weak 2017 guidance triggered a sell-off in the stock. J.C. Penney's share price has slumped ~40 percent since December. I think J.C. Penney makes for an interesting speculative BUY.
JC Penney to close 130 to 140 stores, sales dipMarketWatch
A Strategic Mistake That Still Haunts JC PenneyForbes
JC Penney to shut 130-plus stores, offer early retirementsBusiness Insider
Allentown Morning Call –Syracuse.com –Detroit Free Press –cleveland.com
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