- would have insufficient liquidity to get through year-end and would require additional investments to make it through the holiday season; and
- was concealing its need for liquidity so as not to add to its vendors' concerns
In highlights from this week's trading diary and posts, Kass tells us about his trade of the week, as well as how J.C.Penney upgraded.
Plus other sectors to watch in this rotation.
Here are Friday's top research calls, including upgrades for J.C. Penney and Square, a downgrade for Lululemon and new coverage on Exxon Mobil.