I did too, but that was the fault of JCP and its years of failure and insufferable arrogance. It had been realistically heading for chapter 11 court for years now. The Johnson debacle was simply too much to overcome.
Now that all that is in the past,,,,the chapter 11 filing was the first I had ever seen and heard of this 'good bank bad bank' idea of splitting the company.
That shouldve made the back hair on everyone stand up, and I think it did.
It sure as hell got my attention, and thats when I changed my mind and decided it was time to buy here. It tells you there is real estate value, and perhaps even more value. Sadly it took bankruptcy to flush it out.
Watch how hard Sussberg and the debtors will try to keep all the 'negotiations' hush hushed and secret. That alone is a dead giveaway that they are hiding, or trying to hide value. Same chapter 11 scam plan, it never changes.
I will keep pounding the table for a FAIR AUCTION. You guys must push Jones and Sussberg on this until it happens or at least until the debtors bring the process into the sunlight.
