Wednesday, September 2, 2009

Jcg

The other day we got you into JCG at 32.10 as an earnings play and got out after the earnings exuberance at 35.5 the high was 35.8 on the surge
we then took aq shot at 33.75 and got singed so now we are doing our homework the stock was
weaker than the entire market- Is Adami that influential? Today Citi comes out and gives a look that jcg will be 40 and will beat earnings more as the 3rd and 4th quarters clock
the market looks terrible here but I think you have to discount the fact that it has gone up 214%
it is simply worth more and will be worth more in the future consider jcrew if we get the sell off friday at a bargain if you can hang on higher numbers will come wish we waited a bit