Just Induct JCP into the Hall of Shame

You just can't make this stuff up.

This week we were bombarded with the apparent experts telling us the obvious: J.C. Penney (JCP) vendors are getting antsy and the company needs to raise capital in order to provide a cushion and calm nerves. Funny, a lot of this doom and gloom came from the same people telling us JCP was a raging Buy on the way down. And not so funny, the Goldman Sachs doom-and-gloom report warning of the risks of a capital raise was, yes, followed by an announcement the company will sell 84 million shares Goldman will do the deal....292 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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