Bill Ackman lol. This is the same dumba** with a huge LONG position in JCP. After losing all that money, he's resorting to panicky rants in hopes that his words alone will drive the stock down (especially after David Einhorn's comments, who people respect much more). The sad thing is this turd can cover today and make a ton of money. God do I hope he holds and watches this bounce back to $75. But to answer your question I know little about the company, and to take a position would be nothing more than a pure gamble. Good luck though, especially if you go long.
just get out, its going to hurt but this is not going to be pretty, the stock is toast, you can always buy it back at a later date if you chose, but there is better places to have your money. this can kill the company, people will quit and sales will get hurt, stoks down from 73 this could completley destroy this company quickley, there is no need for anyone to step in and support the stock here "in my opinion"