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JC Penney trading like it’s doomed to become JC Penniless after its dismal earnings report. The stock is about $4 off its crash lows and fast approaching its 25-year low. Can’t see a catalyst anytime soon x/ a trading bounce/short squeeze. No rush to cover, no Russians buying!
(click here if charts are unobservable)
2012-11-13 16:23:36
Source: http://macromon.wordpress.com/2012/11/13/the-worlds-ugliest-chart/