Part 2 in my series about my attempt to save JCP from a bankruptcy filing. Part 1 can be found here:
On the run from the low where I initiated my long position that generated a 50% gain via JCP call options, teh high for that move was 3.97. JCP then confirmed that high with a move thru $4 last week. It is now attacking 3.97 and actually pushing thru it. Getting ready to signal a new short term sell so we will see if a new 52 week low is generated in the coming weeks. Sell signal not quite in yet but I will log the $4 price as the sell numba.