Replies to post #36261 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[TenKay]

Holders of AMR got 3.5% of the recapitalized interest of AAL. The other 96.5% went to the creditors.

As for Tuesday Morning they had positive shareholder equity, positive operating cashflow post bankruptcy and a predicted recovery of 100% to all senior claims.

JCPNQ isn’t even close to that....