Replies to post #1312 on JC Penney Corts Tr Debentures (COTRP)

[PARker1703]

I will hold for as long as it takes. For the end of this one way or the other

[footballref-8541]

You’re correct, but that bankruptcy didn’t make total sense either. They had to have some inside help to do some of the things that were done. We’re lucky we survived. I don’t see them giving up much cash to put this behind them. I went back and read the prospectus and nothing prevents them from changing these to commons or just relisting. Simon Property Group will tell of the challenging times in this illiquid market and will do what’s best for them. If they could’ve cancelled us, they would’ve already. I wish I could buy more.