On May 15th, 2020, JC Penney filed for voluntary bankruptcy (case 20-20182). On Saturday, May 16th, "first day hearings" were held with the purpose of ensuring that JC Penney ( JCP ) can continue to operate, protected from creditors, but also to begin the planning of the process of restructu...
Recent Developments in the 15%+ Constrained Portfolio I have written about a portfolio where the most important constraint is to only include securities with current yields above 15%. Other constraints are the typical retail IRA account restrictions which preclude the use of short-selling,...