Great Tax Strategies for Shorts
You have two excellent options:
1) Sell by year-end and avoid paying Obama and the 99% their fair share of your remaining gains (and brag at the cocktail parties that you made big $ on your GMCR short), or
2) Sell next year and avoid paying any capital gains tax at all (or maybe it can shelter some gains somewhere else in the portfolio) and brag that you bought one of the last Verissimo machines before Starbuck's pulled the plug on that dog.
Either way you can call yourself a WINNER!