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

[risk on]

Convergence indeed , if , BIG IF, JCP can break that 10.30 or so (double top), $12 looks a whole lot more realistic. Til then, gonna be a grind. It will take a news event to drive it past that double top IMO, and there are some good possibilities out there to that end( sales, suit diminution, SEC stating no impropriety, sales partnership, etc). Some of those possibilities may go the other way too, but not likely. JCP is in the right season ( Christmas sales) , along w a wild card or two, not to mention Soros as a member, clouttttt. Could be a fun few weeks.