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S&P 500: 1,340.35 Change: -0.84%
InvestmentMAGE
P&P Score: 99.92 | Points: 765.43 | Accuracy: 43.71 | Average Pick Score: 1.24   Annual Return: N/A  
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Commentary
SELL: PENNEY J C CO HOLDIN (JCP) Rating: 3
Start Price: $33.13
Points: +24.01
Created: 11/01/2009
Pair Trade w/ SHLD
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(sr)

MAGE

2 Comment(s):

Author InvestmentMAGE     Date 2009-11-01 16:14:38
While typically JCPenney trades rich relative to Sears, that gap will close over time. Currently JCPenney is about 19% to 20% rich relative to Sears. The trade would be to buy Sears and short sell JCPenney against it.
Author InvestmentMAGE     Date 2010-02-19 14:17:13
reset 2-10
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