This just in…
JCG is just getting absolutely hammered in after hours. As a result of a supposedly bleak future in earnings, the company is down 15% since closing. Now, this is a tough situation, you need to make the call as to whether it will rise back up and plateau, or keep dropping all day tomorrow. I’m thinking that the best idea for this one is to buy a call option for late June after tomorrow’s closing bell (it should continue dying for 2 or 3 more percent), and watch that bad boy revive itself and plateau around $42-$43, make some bankity bank. Pure.
