I sent this to 2 TV stations in Seattle:
I have not seen this reported in the news at all. With so many people who are familiar with JC Penny I would think this would be news. Here's the actual link to the story. https://footwearnews.com/2020/business/legal-news/jcpenney-company-value-shareholders-1203057147/ Also #1456 https://cases.primeclerk.com/jcpenney/Home-DocketInfo

Added a third station

Just the start. Wait until the MSM picks it up. Here's the actual link to the story. https://footwearnews.com/2020/business/legal-news/jcpenney-company-value-shareholders-1203057147/

Shorts won't give up without a fight with over 25.5M shares short:
http://shortsqueeze.com/?symbol=jcpnq&submit=Short+Quote%E2%84%A2

Of course it's a long way from here to there. https://theheadlinereporter.com/jc-penney-equity-worth-up-to-3-2-billion/

Someone(s) is wisely accumulating shares. Not at just any price, but smartly.

Why the PPS pop?

https://seekingalpha.com/article/4375545-j-c-penney-sale-deal-is-in-trouble?utm_medium=email&utm_source=seeking_alpha#alt1&mail_subject=jcpnq-the-j-c-penney-sale-deal-is-in-trouble&utm_campaign=rta-stock-article&utm_content=link-2

For those that seem to be confused please look at the name of the store. https://www.dallasnews.com/business/retail/2020/09/18/shareholders-of-dallas-based-bankrupt-retailer-tuesday-morning-may-be-in-the-money/

"Tuesday Morning" is the name of the stores that just who's shareholders just got shareholder representation in their bankruptcy on their 3rd attempt.

If they can have one why not us? https://www.dallasnews.com/business/retail/2020/09/18/shareholders-of-dallas-based-bankrupt-retailer-tuesday-morning-may-be-in-the-money/

#1436:

Amended Application to Employ /Official Committee Of Unsecured Creditors Emergency Amended Application For Entry Of An Order Authorizing The Committee To Retain And Employ Jefferies LLC As Investment Banker Pursuant To 11 U.S.C. §§ 328(A) And 1103(A) Effective As Of June 1, 2020. Objections/Request for Hearing Due in 21 days. Filed by Creditor Committee The Official Committee of Unsecured Creditors Hearing scheduled for 9/28/2020 at 03:00 PM at Houston, Courtroom 400 (DRJ). (Attachments: # 1 Exhibit A - Proposed Order # 2 Exhibit B - D)
https://cases.primeclerk.com/jcpenney/Home-DocketInfo

FWIW. https://www.deseret.com/u-s-world/2020/8/11/21363948/amazon-jcpenney-sears-malls

#1435 an interesting read. https://cases.primeclerk.com/jcpenney/Home-DocketInfo

Don't know if it's good or bad for us, but #1433 is out.
https://cases.primeclerk.com/jcpenney/Home-DocketInfo

Rebecca has interesting stuff.
https://twitter.com/Rebecca741776

Totally agree. For all we know the anonymous source could have been Amazon for their own purposes. Who knows?

If you read the article you'd see Amazon really doesn't want to buy JCP except as a last resort.

Not news we want to hear, but it is what it is.
https://nypost.com/2020/09/16/amazon-plans-to-open-1500-warehouses-in-us-suburbs/

FWIW: https://twitter.com/shelbycorp/status/1306011973004529664

Grasping at straws, but that's all I got. https://twitter.com/shelbycorp/status/1305890222786392065

I believe that was yesterday's meeting. In #1408 it does not give a time for today's meeting.

Does anyone know when this is suppose to take place today?

1 / 1 IN THE UNITED STATES BANKRUPTCY COURTFOR THE SOUTHERN DISTRICT OF TEXASCORPUS CHRISTI DIVISIONIN RE:§§§§§CASE NO: 20-20182J.C. PENNEYCOMPANY,INC., et al., CHAPTER 11(Jointly Administered)Debtors.DAVID R. JONESORDER DIRECTING SETTLEMENT CONFERENCEThe Court is concerned that progress in the case has slowed.

Accordingly, it is ORDERED THAT: 1.The following lead counsel and a client representative with full authority shall participate in a confidential settlement conference to be conducted by Judge Marvin Isgur on September 15, 2020: Joshua Sussberg, Kirkland & Ellis LLP for the DebtorsAndrew Leblanc, Milbank LLP for the ad hoc group of first lienholders Philip Dublin, Akin Gump Strauss Hauer & Feld LLP for minority first lienholders

Speculation, but logical. https://twitter.com/shelbycorp/status/1305837894255468544

https://www.dallasnews.com/business/retail/2020/09/14/jc-penney-lawyers-called-in-for-a-private-meeting-with-a-new-judge/?outputType=amp&__twitter_impression=true

From StockTwits:

So, think we'll get a leak from the Conference Call at 6 PM Central Time? #1408 https://cases.primeclerk.com/jcpenney/Home-DocketInfo

.. 3. Debtors’ counsel shall schedule a conference call for today, September 14, 2020 at 6:00 p.m. (Central time). The dial-in instructions shall be sent to Mr. Alonzo who shall forward them to Judge Isgur. This conference shall be lawyers only.

So, maybe this has to to do with the request for an 120 day extension in #1396?
#1408
"The Court is concerned that progress in the case has slowed. Accordingly, it is ORDERED THAT:"

Something is going down, but I have no idea what, and why the new Judge?

#1408 1 / 1 IN THE UNITED STATES BANKRUPTCY COURTFOR THE SOUTHERN DISTRICT OF TEXASCORPUS CHRISTI DIVISIONIN RE:§§§§§CASE NO: 20-20182J.C. PENNEYCOMPANY,INC., et al., CHAPTER 11(Jointly Administered)Debtors.DAVID R. JONESORDER DIRECTING SETTLEMENT CONFERENCEThe Court is concerned that progress in the case has slowed. Accordingly, it is ORDERED THAT: 1.The following lead counsel and a client representative with full authority shall participate in a confidential settlement conference to be conducted by Judge Marvin Isgur on September 15, 2020: Joshua Sussberg, Kirkland & Ellis LLP for the DebtorsAndrew Leblanc, Milbank LLP for the ad hoc group of first lienholders Philip Dublin, Akin Gump Strauss Hauer & Feld LLP for minority first lienholders2. Judge Isgur shall establish protocols and parameters for the settlement conference as he determines appropriate, including additional parties, etc.. 3. Debtors’ counsel shall schedule a conference call for today, September 14, 2020 at 6:00 p.m. (Central time). The dial-in instructions shall be sent to Mr. Alonzo who shall forward them to Judge Isgur. This conference shall be lawyers only. 4.At all times, Judge Isgur will be acting in his official capacity as a United States Bankruptcy Judge and will be vested in that capacity with all of the privileges and immunities of a United States Bankruptcy Judge. 5.Only Judge Isgur may terminate the settlement conference. No report of the results of the settlement conference will be made by Judge Isgur to the undersigned without the consent of the participants. Sign
https://cases.primeclerk.com/jcpenney/Home-DocketInfo

Anyone know what the property that sold today was appraised for prior to the sale? Wondering how much above or below it was?

Maybe we'll get our say after all. #1405 file:///C:/Users/Stu/AppData/Local/Temp/178045939882-rep-1409100532.pdf
https://cases.primeclerk.com/jcpenney/Home-DocketInfo

FWIW: https://www.fool.com/investing/2020/09/12/mall-owners-jc-penney-rescue-is-back-on-track/

Well, I don't need to sell , and far too dangerous to try a round trip. Might just go back to sleep for a while (7am here). As a a off topic it sure was entertaining to watch JCPNQ this morning. It shot up to $.80 and then went down to $.45.

I really wish you'd get this fixed

'info@ijjcoin.com'

xgin
Wednesday, 09/09/20 06:47:06 PM
Re: Stikuhbush post# 79336
0
Post # of 79338


Just so you know I get the same thing that it is not a secure connection. I think their certificate is out of date.

Connection not protected

The security of your connection is reduced. Criminals can attempt to steal your data from the website. You are advised to leave this website.

URL:

ijjcoin.com

Reason:

Authorization for this certificate or one of the certificates in the certificate chain was canceled. View certificate
I understand the risks and wish to continue

It doesn’t exactly inspire confidence.

Sincerely from a shareholder,

xxxx xxxx (xgin)

Just so you know I get the same thing that it is not a secure connection. I think their certificate is out of date.

Connection not protected

The security of your connection is reduced. Criminals can attempt to steal your data from the website. You are advised to leave this website.

URL:

ijjcoin.com

Reason:

Authorization for this certificate or one of the certificates in the certificate chain was canceled. View certificate

I understand the risks and wish to continue

Sale has been extended.

Looks the sale is over. Congrats to those who got cheap shares!

Not exactly proud of myself, but happy with the result. Sold 500k at.0029 and bought back 525k at .0027 which lowered my average to .0028.

Anybody looking at yesterday and today's chart must be salivating. Not that I'm all that good at it, but it "feels" picture perfect

:~)