Since JCP lost another 352 million last Q and is forecast to continue losing. They will
have to dilute the shares again with interest rising $97 million last quarter
how can they not dilute or not face BK? Wouldn't it be better to dilute the shares now
before stock falls even further?
JCP just got an increase in their credit line. Because of that they will first borrow the extra money they need to stay afloat instead of issuing new shares. It's when the loan come due that you might see new shares issued to help pay down on the loan.