A blog about general, but mainly economic and political, topics.
Tuesday, June 23, 2009
Cover JCG short
On June 1 I suggested shorting J. Crew Group, Inc. (JCG). The shares closed that day at $27.40. Today, June 23, they closed at $23.28, better than a $4/sh fall. I think that is good enough for this trade. Cover the short if you had one.