Buy out now? Damn, couldn't be worse news!
Sorry to break it to those who are looking for a quick flip, but that does not appear to be in the crosshairs at the moment. JCP has been on the road a great deal and will be attending several conferences and customer meetings the next several months out. That behavior is hardly congruent with an early flip. Just as well in my books. Why, oh why, would JCP/PM sell this early? Answer: they won't. If the product is indeed 'revolutionary', we have a multi $ potential the likes rarely witnessed on the venture. Nothing like giving away the farm while misguidingly thinking (imo) one made a shrewed move. On a personal level, this is one stock I would like to hold (a portion of) five years out... and collect dividends. Just sayin'. Each to their own I guess. GLTL