vornado got around 12.97 average. lost 30 million
Where do you get the 12.97 figure? - - - and - marked to market -- Vornado has lost a 1/4 BILLION dollars on JCPenney - - - - he and Ackman are both in at an average 25 bucks PPS. - - - he sold 10 million shares(40%) and at what I have at 16 he lost approximately 100 million on the sold shares.