Replies to post #868 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[CowBoE]

Nasty Views/Downgrades, Targets PPS chopped big.

Normally JCP should have tanked big today, but something is
going on to artificially support the price above $9 for the moment.

I think it's somehow tied to the secondary offering
because if stocks tanks significantly below the massive offering
that would not motivate the new offering purchase.

When this artificial money holding up the JCP fades,
it should resume the downward spiral.

I recommend holding the short position or put option past today.