Major Retailers Report Poor Earnings: Why Are Their Stocks Up 60%-100%? [View article]
In addition to AJB7's comments, I would add short squeezes (or attempted short squeezes). Check out the stats just on the % of of float sold short (currently): JWN: 18% JCP: 11% ANF: 19% These are extremely high %s and create big targets when the market mood turns as it has since March.
Major Retailers Report Poor Earnings: Why Are Their Stocks Up 60%-100%? [View article]
JWN: 18%
JCP: 11%
ANF: 19%
These are extremely high %s and create big targets when the market mood turns as it has since March.