Investopedia: Are Investors Being Rational About J.C. Penney?
There are more than a few similarities between Wall Street and a spoiled
toddler. Not only do both expect someone else to clean up their messes,
but when they want something they want it NOW. Accordingly, I can't say
I'm all that surprised to see the widespread negative reaction to J.C. Penney's (NYSE:JCP)
first quarter results. While these results were disappointing and do
highlight the amount of work the new management team has to do, the fact
is that major business restructurings and repositionings don't happen