Quarterly Filings are hitting the Street and David Tepper reported t a position in J.C. Penny. JCP is trading up 5% today as the herd mentality rushes into this name. Question, do you think the Smart Money (David Tepper) is going to stay long after a 40% return in less than 4 weeks? Don’t follow the herd and get slaughtered with the pack. Since he bought the stock the stock is up over 30% and since the 13 F, he was publically stated as saying he sold the stock. This is what you call stale information.
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