NYSE:JCP   J.C. PENNEY COMPANY INC HOLDING COMPANY
220 2 1
JCP             - Entry @ 8.

Would wait to see the short interest on this stock (Oct 15th)
Liquidity would hurt the the days to cover numbers, Previously the Short to float ratio was greater than 20%.

There is a good chance some of it is covered, but there must be some more action, left.

Whether it be short covering or buying pressure, I am in. with some tight s/l
The Trendline is not broken yet.
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not a buy or sell recommendation.
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