As an old commodities trader, today I see equities being handled similar fashion sadly, meaning SHLD yesterday late day buying volume hours after PR about another huge debt Line they got as a short term bandaid; but then JCP (great sales numbers and profit last 1/4) which was up strong early in day reversed... Like a spread play was being done- buy SHLD, Sell JCP.. Today early I see it reversing as SHLD sells off after accumulating new private $$$ and knowing its true demise, and JCP regaining lost ground going forward from here...
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