Most bankruptcies eliminate the need to disclose financial information to shareholders. However, with the Equity Committee established yesterday JC Penny’s must once again keep us the shareholders informed of their financial standing.
I see people posting earnings to be released tomorrow. This may be true through court or a shareholders call. The only thing we may not be allowed to see at this time is the details of the bids in play for JC Penny’s. They are protected by Non-Disclosure Agreements but the financials are once again our rights.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.