Make Ackman feel more pain as he dumps his shares! Ackman and Johnson were both idiots. They ruined a good company. The board should all resign too. But Ackman and Liberal Ron Johnson were the main cause of the J.C Penney death spiral.
Yes Ackman n RJ don't know retail business, but remember Penny was losing in the retail war when Ulman was still there. I sure don't want to catch Ackman's shares.
How can they dump all the bad news, when each new day brings more bad news ?
The good news: the Penney's 'bad news' shelves are nearly empty.