"Shares of J.C. Penney (JCP) spiked by $1.07, or 7%, to $16.31 in late trading, after the appearance of a 13-G filing, dated April 15th, by Soros Fund Management LLC saying George Soros bought 17.39 million shares of the stock, or 7.9% of the outstanding shares, up from nothing previously."
First "remmy", why should I care? I have long since booked my profits in JCP puts and moved on. Unlike a loser like you who gets into JCP at $42 and MSO at $4 and enters into a long term relationship with dead money (although you seemed to have been smart enough to take a modest loss on your MSO and get out) JCP is old news. Enjoy having your money tied up for a long while and just know this - YOU WILL NEVER GET EVEN MORON!
In the last year and a half, I probably made more on JCP puts, MSO puts and M calls than you earn in a year.
So girlie-man, have a nice time with your dead-money JCP position!