Last month on Slope, we looked at how an hedge on JC Penney (JCP) from mid-August had reacted to the stock’s fall up until that point (“Softening The Blow For JC Penney Longs“). With JCP falling below $8 per share to a new 31-year low on Friday, I thought I’d post a quick update on that hedge. Recall that we initially posted that hedge on August 13th (“Getting Paid To Hedge Bill Ackman’s Riskiest Investment”). (more…)
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
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…)
Why Knowing Just The “Numbers” Is Meaningless
Here’s a quick real-time example to answer those which want to live and die by “numbers” alone. Where extrapolation of the numbers are de facto as proof of why something (marketing plan, business investment, fill in the blank) should proceed. (more…)
SPEX Spam
I just can’t help but notice Pump ‘n Dump (PND) email spam schemes when they arrive in the inbox. It’s hard to believe this stuff is legal, but it can still offer some entertainment value. A couple years ago, one of the more entertaining PND schemes gave us a nice tower formation for a company brewed by a Bob Marley family member, no less. (more…)
Consumerism Reigns
Well, people, there’s only so long I can plausibly offer up good short ideas in the face of a market which pukes to new highs each day. So below are a couple of retail-oriented stocks that have powerful bullish formations. First, there’s Macy’s (as an aside, I’ll note that Nordstrom, symbol JWN, has a similar pattern) (more…)
