Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[thelionwarrior]

To me nothings changed. It's the same info we already knew. Only new thing is they are letting go of 1000 employees. Most from what I understand are from Plano headquarters which already downsized which tells me a buyout must be coming IMO. If this deal they are working on goes through, I bet commons will be fine. If it doesn't and turns into a liquidation then no dice. I bet it all works out though! Everything they have done looks like good to me