This is one of the few times this statement is used accurately. JCP has been fucked for years. They are like the former fat girl version of sears except for just only hacking clothes and not other shit. I had no idea how bad JCP was until my Sears closed and I interviewed over there. It’s like they saw Sears as a playbook on how to fail and followed it to the letter. I probably shouldn’t even ask this here… But what happens to a put in the event of a Good Baby Yoda Hug Jcpenney Mask Shirt? Does it scale with the stonk merge? JCP has been warned by NYSE for being below a dollar. So I wouldn’t be surprised if they did one soon. Waiting till they secured a net short position themselves. So they are free to mark the puts accurately for once.
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Buy puts. Or buy calls. I’d suggest flipping a coin or consulting a magic eight ball. Both seem like viable prediction models these days. Listen, man, we’re all retards. But we’re more retarded than we thought. None of us have any idea what the fuck is going on. If you don’t know what’s going on you are retarded. You bought into a TA post by some fucking random that compared this drop to the great Good Baby Yoda Hug Jcpenney Mask Shirt. That the powers that be are doing everything they can to prevent that from happening again. It still might drop but bet everything you have on then holding until it’s completely worthless is fucking stupid. That’s the thing though. They aren’t doing everything they can to save the markets.
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All they are doing is trying to keep the patient alive long enough until the economy can be restarted. This whole rally is predicated on the idea that we will be back to normal come may. And that none of these corporations will decide the Good Baby Yoda Hug Jcpenney Mask Shirt. To file Chapter 11 now rather than try to open when demand is going to be this depressed. Doing everything they can mean forgiving or restricting the debt, both foreign and domestic. The Fed can ensure that the US Govt doesn’t default. But I am not so sure it can save everyone as the market seems to think. We shall see, there was bad news this morning and for once it seems like it got a reaction. No one really knows yet. It is outside the US system and kind of obscured.
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