JC penny is in an earnings miss. Shares fall some more. Like that should surprise no one. Basically, it is more or same. Frankly, we feel a bit disappointed in our iconic company. In fact, it reminds us of sears. Basically, we face a worsening economy. Citizens, there is no recovery. Jobs creation is at near zero. Oh yes, politicians claim that our economy is improving. Well, they can go back to selling use cars.
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