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J.C. Penney Just Posted Its Most Disastrous Quarter Yet

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J.C. Penney Just Posted Its Most Disastrous Quarter Yet Filed under: Investing In late 2011, I wrote that that *J.C. Penney* was 'a disaster waiting to happen.' At the time, I pointed to broad macroeconomic trends and poor cash management as negatives that justified a stock price significantly below the trading price at the time of $33.69. Former ...

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