Conversation Between Sedai and John McClane
Showing Comments 1 to 4 of 37
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06-26-21John McClaneCrazy crash today because some idiot with a sign. This is going to be an interesting Tour.
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05-16-20Yeah, they just dropped news of chapter 11. It’s toast now. I gotta get out next week.
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05-16-20I don't trust it. I do agree that I don't think they are gone for good, but that stock doesn't have enough going for it for me to jump in at this point. I am still long in blue chips, and for mid/high risk, I am in on some oil/energy. I also have a position open on a biotech that just received FDA approval on a drug. Will probably close on that on a swing trade at the end of next week. Happy trading!
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05-15-20So my options are going to exercise and I’m going to be left holding shares of $jcp starting next week. Given today’s news/reaction I am inclined to see what happens. A buyout is not unrealistic. An out of court restructuring or loan. I don’t see $jcp dying. I really don’t. I’m clenched up so I’ll be looking for a good exit point. I suspect we will see slight retraction on Monday. Unless they release news. Then all bets are off.