Replies to post #5315 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[KingDMC]

Best day trading stock for me!

[Theo]

All retail is getting a tail-wind from low oil and it's showing up already:
From today's WSJ article (#msg-109310531)

"In the third quarter, Tuesday’s report showed, consumer spending rose at a seasonally adjusted annual rate of 3.2%, up from an earlier estimate of 2.2%. Spending on goods and services contributed 2.21 percentage points to the quarter’s growth rate of 5%, up from an earlier estimated contribution of 1.51 percentage points."

I don't care how good of a short-trader you think you are; these numbers do not bode well for shorts in ANY retail genre at this time imo.