The Day Ahead: The Penney Drops

I am in a really foul, rip-another-person's-throat-out type of mood today, a mood that's probably similar to the one felt by those who are still holding J.C. Penney (JCP) from January 2012 because of Buy-rating-loving analysts.

While part of it could be attributed to the personal workload, the real deal is that investors didn't receive the information they needed on J.C. Penney. Hence, I am upset. This debacle is arguably a top three-story in 2013 and one that warrants maximum attention. Even if you don't own J.C. Penney shares (who else is left anyway?), the company's precarious position could have ramifications for other consumer companies....721 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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