Is Loss Making JC Penney Finally Turning it Around?

#13412
ThePitBoss
Participant

[quote=”Assistanc3″ post=3168]JC Penney bonds yielding 13% (forget the dates)
but other bonds yielding 7%

they will have to continue to borrow money just to pay-down interest on debt[/quote]

If they don’t go bankrupt that’s your play though you got that today if you bought yesterday :