Replies to post #31622 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

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I think we can expect a delay tmrw so a re-evaluation of assets can be done. We may see a pop tmrw but a bigger move when the evaluation is done. I think he increases the budget of the ad hoc committee without a full EC because of the full investigations the EC would implement.

They have openly discussed controlling the stock price and this does both.
Full EC will pop it by a couple bucks.