Replies to post #3977 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[mr green1]

People are buying hoping to cover their losses. This will tank again tommorow & almost %40 on earnings.

Noone will hold this tommorow, & earnings will be a disaster.

You cant make money marking everything down %70 & %50..

People only walk in JCP when there are sales like that.

The store is toast. Many stores also closing. spoke to a buddy who works there yesterday

[mr green1]

The bigger picture should be why sorros Exited JCP before earnigs?

Thats what you should focus on, not a fake rally. Could be baggies averaging down, or people looking to write off some taxes taking the hit.