Replies to post #7693 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[I-Man]

I feel JCP really poised here to do well, especially with Sears news this am again closing another 72 mall stores.. JCP & Sears always were anchor stores for malls. Now Credit Suisse saying 25%+ of all US malls to close by next year this time...

So with Penneys already reorganized and reshaped for the future plus new additions & increasing profits & revenues (opposite SHLD), they seem to be only major retailer left in the game at that point...

[PJO]

Yes but if bought low chart is getting Pretty

Personally low is in and stock is recovering. Probably see a pop next quarter when results and earnings posted.