JCP has been one of the most hated stocks over the past few years. Easy to hate too, since its stock has languished near 20 year lows: The stock has stabilized, though. Mike Ullman, the …
Continue readingMike Ullman
Trade Update May 3, 2013 10:47 am: JCP has rallied back up to where it traded on Monday, up about 8% in the past 2 days, and I am going to take the trade off for …
Continue readingJCP is down about 10% from its Monday morning high, though it’s still more than a dollar higher than its Thursday close, prior to the Soros news. We liked the idea of getting into a …
Continue readingGeorge Soros just announced a 8% passive stake in JCP, and the stock is trading up about 7%. We discussed a potential long position in JCP today, and here were the thoughts we wrote up …
Continue reading