Okay, today is April 2, 2012, and I still have not had any time to valuate as much as I really want to. I keep thinking to myself, how do people find time to blog (or in my case do company valuations)? Well, all I know is I think about it and crave the time to do it, so I’ve come to the realization that I will just have to “take” the time, steal it, and aggressively go after it!!! Good news is I am almost finished with the first company I wanted to valuate and that is JcPenny (JCP). I’ve noticed they have a new marketing campaign and every time I’m watching television or driving past a billboard it gets me excited. I’m elated for the company, but still can’t help to see the approximate $7 drop since the last time I looked at it consistently over the past 2 months. Of course, this can be temporary especially if you’re looking at long term growth, but you still want to ask the question “why”? So, give me a little more time (more like 1 week) and I will have JCPenny’s valuation finished.
On a side note, time is not on my side tonight and for some strange reason I’m more tired than normal. So until next time, I will talk to you soon.
THE VALUATION DEAL