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RE: 9/6/17 Saving J.C. Penney (JCP) from bankruptcy, part 2

in #jcp7 years ago

9/6/17 12:30 PM: Sell signal now triggered in JCP as it trades at 4.05. I wouldn't consider a personal short unless it traded to next major resistance at 4.50. But I will log in an options trade here via the Oct 20 expiry $4 puts at the current .29 market price.

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