Very good question? My guess is if they can make a buck on trying to run a company into the ground,
they're happy! Be it false rumors, outright lies, attempts by so-called professionals at stock manipulation;
well if it makes them money who cares about the consequences. This is what our wonderful Country has become, sadly.
JCP ran themselves into the ground starting years ago. It's funny that people are so shocked about JCP's rapid decline and attribute it to "recent events", no, the terminal decline started years ago, it just accelerates towards the end...aka..when the cds explodes and bonds start fortelling bankruptcy......
equity is always caught off guard somehow.........to many hopers who have no clue how horrible of a state this company is in.