RE:SHLD, SRG, JCP, PTA next article?Perds,
I prefer spending my time looking for undervalued assets which grow over time as opposed to shorting.
Going long your profits are uncapped and your loss is capped at -100%
Shorting your prfits are capped at 100% and your losses are uncapped.
Too bad Valuedigger didnt hold is promise, he said he was posting his article on PTA in september....
perdikaoilgas wrote: After his recent bearish calls on Sears Holdings (SHLD) at $26 and Seritage Growth Properties (SRG) at $42, Value Digger's latest call is on J.C. Penney (JCP):
J.C. Penney Company Inc.: To Buy Or Not To Buy?
SHLD closed at $22.60 and SRG closed at $37.25 today. I wish I had shorted both. I did not short any. Both are down already 15% within just one week after his bearish calls. Olinvestor, did you short any