Marc Lasry just said he's bullish on JC PENNY. Says, he owns stock and company is misunderstood. Says, JC PENNY has too much cash to file for bankruptcy. Says, JC PENNY will survive, sees bonds as par, expecting 25% return in 2 years. Says, noise creates opportunity as market does not like noise.
This is Lasry speaking everybody.
Google it.
$JCP LONG