charlesmccann

JCP - high short interest

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NYSE:JCP   None
1
JCP has high short interest right now (43%) so they'll have to cover as it rises While I don't intend to hold this for very long, it has great potential to the upside. Several tight stop opportunities depending on risk level (8.07 to 8.50). Looking for targets of 10.3 and 11.5. Stock held well through the market down turn recently. Have fun!
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