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VelvetJones

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VelvetJones

Re: UpTickMeA$AP post# 35196

Friday, 09/18/2020 11:59:29 PM

Friday, September 18, 2020 11:59:29 PM

Post# of 43522
This is a important concept that most shareholders fail to grasp. Any potential buyer literally does not give a **** about shareholders. They want to get as many assets as possible for as little money as possible. If JCP was such a valuable asset someone would have purchased them before a world wide pandemic destroyed what was left of retail. This company was a walking corpse 10 years ago. Not even blowing away 100% of the debt is going to save it. Once a death spiral starts in retail it almost never reverses.
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