i want to invest some money into JC penny anyone have any advice
2007-06-25 04:53:11 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Technically the stock is quite weak. Down 10 points this month. Not only that but if you look at the intermediate highs and lows, the highs are falling and so are the lows. Not a good sign.
Another consideration. It is the only clothing store that I actually like to shop in. That is a very bad sign.
On the plus side, the stock is way over sold. For the chance of a quick short term trade that will make you 5 points, this is a good bet.
2007-06-25 05:29:57 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Right now Penny's is 11% down from Jan. 1st. and 17% down off its high for the year.
2007-06-25 19:00:43 · answer #2 · answered by alnjk 4 · 0⤊ 0⤋
if u go to yahoo finance u can get info on any stock....i checked jc penney and analysts rate them a "buy"
2007-06-25 15:26:00 · answer #3 · answered by njyogibear 7 · 0⤊ 0⤋