Back when this was 80 i told people this was a 40 stock and it went to 90 and I was ridiculed.Now that I made $$$ on the short side who's laughing?This is no longer a 40 stock, it's a 25-20 stock.See ya in 6 months.
From your tone of writing, your timing was off for your short position and had to cover at a higher price? Did you take a loss on your position?Hey, timing is everything. JEC already got to 20s in November; might revisit there again, but another opportunity to load up on more.If you're short now in the 40s, you have to pay interest on your position, no?
Wait, wait, before you go: Why do you think JEC is a $20-25 stock?
bc he is short - wait to see how fast he closes his short position obama throws money at this stock, or when they report a solid quarter on tuesday.