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J. C. Penney Company, Inc. Message Board

  • grump430 grump430 Oct 8, 2013 10:19 AM Flag

    A lot of short profits to harvest

    Float 147 mil, Sept short 71 mil up from Aug. 66 mil short, so there's a lot of short profit to harvest. If I was short I'd be covering.
    Reasonable bounce /short covering target goes to 9.36
    If the shorts don't like the stock at 9.36 re-enter the position.

    Sentiment: Buy

 
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