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Re: None

Thursday, 09/03/2020 4:28:01 PM

Thursday, September 03, 2020 4:28:01 PM

Post# of 43522
MUST READ!!

The article shows the plan is to wipe out current shareholders. The plan has not changed. JCPNQ is cash negative to debt. It is what it is.

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


I wish equity would survive, but in the plan set forth by JCPNQ, shareholders will be wiped out.

JCPNQ is one of the worst investments currently available. Because shareholders are slated to be wiped out. Its a sickening reality, but reality none the less.


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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