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UpTickMeA$AP

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UpTickMeA$AP

Re: Jay2030 post# 21983

Sunday, 06/28/2020 4:20:01 PM

Sunday, June 28, 2020 4:20:01 PM

Post# of 43522
And that plan to wipe out shareholders, has not changed. It is what it is.


https://seekingalpha.com/article/4350803-j-c-penney-goes-bankrupt-no-recovery-for-shareholders


If it changes, ill post it... But its not going to. They have way to much debt. JCPNQ is cash negative to debt. Plus they added another $900 million that steps in front of equity.


It's really very unfortunate.

DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.

People kill for money. What makes you think they will not lie to you for yours?

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