Replies to post #23230 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[Dmceng4]

MS

Of course the shares can be wiped out but before that the currently traded JCPNQ stock can appreciate very nicely. That's why we speculate.

[UpTickMeA$AP]

Investors aren't the only ones saying shareholders are going to be wiped out.

The company itself is saying shareholders are going to be wiped out.

J. C. Penney filed for bankruptcy and its restructuring support agreement includes no recovery for shareholders.

https://seekingalpha.com/article/4350803-j-c-penney-goes-bankrupt-no-recovery-for-shareholders


It is what it is, no matter how much fantasy nonsense is spun saying otherwise.


It's really very unfortunate.