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J. C. Penney Company, Inc. Message Board

  • bayareabaadshah bayareabaadshah Oct 1, 2013 3:49 PM Flag

    It was traded above $9 till 12PM

    Ummmmm

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    • The biggest After Hours trade was at $9.015 also, 147,500 shares sounds like a hedge fund:

      Pre-Market Charts | After Hours Charts
      Oct. 1, 2013 Market Close: $ 8.75

      In the drop-down select the time range to see more trades:
      After Hours Volume: After Hours High: After Hours Low:
      284,451 $ 9.015
      (16:30:53 PM) $ 8.72
      (16:12:34 PM)
      Visit the Most Active in the After-Hours trading session.
      Trade Detail
      After Hours
      Time (ET) After Hours
      Price After Hours
      Share Volume
      16:33 $ 8.75 100
      16:33 $ 8.75 1,000
      16:33 $ 8.74 300
      16:32 $ 8.74 500
      16:30 $ 9.015 High 147,900

      Read more: http://www.nasdaq.com/symbol/jcp/after-hours#ixzz2gVMTTLQw

      I'd like to know who this was, too much after close for a t-trade and even if it was, someone invested a lot of money -- betting on short squeeze or holding for the long run?

      Earlier in the morning media was reporting that bargain hunters were jumping into the stock -- then as usual they started the negative and bashing, doing the bidding of the shorters and those wanting to drive it down.
      -- Once they get what they want they'll manage to find something positive to report again.

    • yeah but it moved to $12 at 9 am

 
JCP
8.65-0.01(-0.12%)Apr 20 4:01 PMEDT