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Description: A number of hedge funds including Hayman Capital and Glenview Capital are buying up JCPenney stock in the hopes of turning around the troubled retailer.

Source: CNNMoney.com – video report

Date: Sep 04, 2013

Link: http://money.cnn.com/video/investing/2013/09/04/investing-the-buzz-jcp-glenview-hayman-capital.cnnmoney/index.html

Questions for Discussions:

  • What do you think these new buyers of stock see in the company?
  • How does the market generally respond to hedge fund investment in a declining firm?
  • What do you think the general response will be this time?

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