Too much uncertainty around cash raising. It could actually be good news if the interest rate is lower and terms are better. JCP needs to come out with some kind of clarity on what they are trying to do, if anything.
That's right. This is insane. I just hope the decline isn't related to one of the golden investors bailing. That would be a physiological disaster.
It's much more mundane than that . JCP just can't attract customers and make a profit.
JCP $12 is a gift. I am all in. See shorts $14.50 coming a few weeks.
A gift? Don't visit me during the holidays.