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J. C. Penney Company, Inc. Message Board

  • gummygonads gummygonads Apr 30, 2013 1:22 PM Flag

    Under $13 after earnings

    is a distinct possibility. New longs are learning a very difficult lesson. The recent pump in share price allowed hedge funds to run off with bags of money. How many doubt that they were aware of the funding bounce and used it to short into the run?

 
JCP
9.57-0.21(-2.15%)Sep 26 4:00 PMEDT