Replies to post #42234 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[JP-Stockton]

I'll agree with the 1.3 billion debt, but that 1.3 billion debt is trading under 2 million dollars. So when you buy a note you are buying a portion of that 1.3 billion debt at the price it is trading at today. Not the original price of 1.3 billion