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Post by clinton on May 3, 2017 8:17:39 GMT -5
I've been watching JCP also.
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Post by huh on May 3, 2017 8:23:40 GMT -5
I still see a long term target for JCP ~.95 (down ~50% since I posted this in August). Personally I'd avoid longs in all brick & mortar retailers this year. I believe many run the real risk of BK, even the large ones. JMHO Been waiting for this set-up for a while: Short JCP anything ~10.84, long term downside target ~.95 (remember though, everything bounces hard ~2 on the way down)
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Post by clinton on May 3, 2017 8:25:37 GMT -5
so many store closings for retail lately JCP is ahead of that game. Im thinking just for a 10% POP
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Post by clinton on May 3, 2017 8:28:14 GMT -5
jcp HAS EARNINGS IN 9 DAYS AND THEY REALLY LOWBALLED THIS ONE.
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Post by clinton on May 3, 2017 8:34:10 GMT -5
JCP LONG at 5.43
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