This is a great interview with David Tepper.  Tepper is one of the very finest investors in the business and shares a lot of valuable insight.  He is still very bullish on the market and airlines in particular.  He likes Citigroup a lot, which we do as well at TTCM.  His returns over his career...Read More

No investor other than perhaps Stevie Cohen has garnered the criticism that Bill Ackman has in 2013.  His controversial investments in J.C. Penney (JCP) and Herbalife (HLF) have generated a lot of headlines, as has his sparring with Carl Icahn and Daniel Loeb, but Ackman has been a very successful investor over the years, which...Read More

Here is Tim Travis’ research report on J.C. Penny Company (JCP) on Feb 28th 2013.   http://seekingalpha.com/article/1232831-a-conservative-way-to-play-the-disappointing-yet-undervalued-j-c-penneyRead More

Here is Tim Travis’ research report on J.C. Penny (JCP) on Aug 13th 2012.   http://seekingalpha.com/article/803761-update-j-c-penney-substantial-upside-with-solid-margin-of-safetyRead More

Here is Tim Travis’ research report on J.C. Penny (JCP) on May 31st 2012. http://seekingalpha.com/article/629321-j-c-penney-substantial-upside-with-solid-margin-of-safetyRead More

Ron Johnson is intelligently offering free Sunday haircuts for kids from kindergarten to sixth grade at J.C. Penney.  The company is aggressively remodeling its stores to a cleaner “store within a store” look.  By appealing to mothers with a free haircut for their children, J.C. Penney is attracting some of its prime target market to...Read More

http://seekingalpha.com/article/803761-update-j-c-penney-substantial-upside-with-solid-margin-of-safety INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

This video shows that Bill Ackman still supports the strategic direction of J.C. Penney (JCP).  It certainly was alarming to see Michael Francis let go after such a short tenure, but the core investment thesis remains the same.  In my opinion the best opportunities surrounding the stock are in cost cuts where there is a...Read More

http://seekingalpha.com/article/629321-j-c-penney-substantial-upside-with-solid-margin-of-safety INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

I’m really impressed as usual with Bill Ackman’s investment thesis with JC Penney (JCP).  While there are few businesses I despise more than retail merchandising, the combination of real estate and cost savings leads to an obvious conclusion that the stock is undervalued.  Ackman is a force to be reckoned with an he will hold...Read More