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

[Euripides90]

The desperation of shorts is so obvious:


"- Short Campaign: They have never seen anything like it in its depth and sophistication - coordinated tweets, blogs and sell side downgrades based on rumors. I asked if one of their former large holders could be behind it. They wouldn't be surprised but had no knowledge of it.

The $1 target was based on an analyst who called people at the company who that person knew wouldn't return calls in real time so they could say that the Company was unresponsive. The Company will continue to fight disinformation so that investors can make informed decisions."

--from:
http://seekingalpha.com/article/1768132-dreams-of-doubling-my-money-conversations-with-j-c-penney?source=nasdaq#comments_header

Exactly what is this obscure Mary Ross-Gilbert's "analysis" based on?
Right, unsubstantiated "growing concern," that is, rumor, the very same vicious campaign based on...unsubstantiated rumors.

hmmm... and who might "one of their large holders" be? Could it be the very same one who brought in the disastrous RJ in the first place,
then when the CEO tanked the company's financials and alienated the loyal customer and supplier base, sold in a prima dona huff? Possibly the one who'd tried to take down HerbaLife and took down his own hedge fund...

Who else has financial motive for this vicious and obvious campaign?

As for Icahn not being announced as a hostile takeover wanna-be: good grief, that's supposed to be a BAD thing?