Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Softening The Blow For JC Penney Longs

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Shares of JC Penney (JCP) dropped nearly 15% Wednesday, after analysts warned of the company’s risk of bankruptcy. Any JCP longs who read Slope and heeded Tim’s warnings (e.g., this one) were out long before Wednesday’s slide, but for those who decided to stay long, I posted a way to hedge JCP last month (“Getting Paid To Hedge Bill Ackman’s Riskiest Investment”). In this post we’ll look at how that hedge would have softened the blow for JCP longs on Wednesday. (more…)