Replies to post #9275 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[modrica]

Very well said , agree 100 %

[chaostrader]

Really don’t get your rational of JCP. I am not trading CNBC, the news, and don’t really care for their opinion or any other business info outlet.

I am short JCP for the past several years. Many like yourself (especially on this board) try to justify unsupportive bullish BS theories for so many years. While JCP has been gliding down for years.

You don’t need to be a financial genius to figure out why JCP is now worthless than a $1. Been a trader for over 30 years now.

When I hold positions long / short for long periods of time; part of my strategy is guided by hard supportive facts, business / industry trends, supply / demand, order flow of trades etc..

JCP will be JCPQ before it’ll ever see $2 again - unless a R/S

Just my opinion