Seeking Alpha

J.C. Penney in focus after Ackman exit

  • The offering of J.C. Penney (JCP) stock by Pershing Square was significantly oversubscribed, according to a report from CNBC.
  • The news has created a minor stir over which big name might be positioning to take a larger stake in the retailer.
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Comments (4)
  • WPSPIKER
    , contributor
    Comments (1158) | Send Message
     
    He still cant sell till Nov 20something due to insider info... The shares are already priced and he lost his @$$ on the them while who ever subscribed to the offering/bought them knows they will be taking his shares and making the profit he lost...
    27 Aug 2013, 10:37 AM Reply Like
  • henhill69
    , contributor
    Comments (29) | Send Message
     
    $JCP Q2 2013 Transcript @ http://bit.ly/1dLVSuu
    27 Aug 2013, 11:42 AM Reply Like
  • cn_habs
    , contributor
    Comments (370) | Send Message
     
    My money's on Soros...
    27 Aug 2013, 03:48 PM Reply Like
  • Macro Investor
    , contributor
    Comments (9050) | Send Message
     
    Hedge funds are the smartest ... at losing money.
    27 Aug 2013, 04:07 PM Reply Like
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