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

[UpTickMeA$AP]

Nobody is going to buy all of JCPNQ, when they can cherry pick at huge discounts, and leave the garbage, debt, and shareholders in the dust.

Buying it all, would include the garbage and massive debt. Now that, would be stupid.

With brick and mortar stores dropping like flies, just way to much for sale at huge discounts to throw money away on what would basically be a mercy bailout.

Better to cherry pick, and leave JCPNQ with its current restructuring support agreement plan. Which includes wiping out current equity, and issuing new equity to raise much needed capital.

This is all really basic. Unfortunately b many are caught up in feelings. It's the new way of thinking for many. Its a losing mentality.

Cheers! Bahhhh bahhhh