With the opening price of approximatly $15.40 today the stock is up 86% in 6 weeks from the lows. This takes into account the 15.6% dilution from the convertible bond offering. There has been zero fundamental improvement for the company during this time to warrant this appreciation.
Let me guess, your short is not doing well. My advice to you is to cover on the next pullback. Look at the volume the last 10 days which should tell you what Sne's direction will be, but you know that.
It is imminent as it is burning cash like a drunken sailor, but it takes a very long time to crash since there are a lot of suckers buying on emotions.
It should drop to $11 within 2 month, it reached a peek and will start rolling back on the 31 of January , probably 3 or sessions in a row until the 7th where it is due to announce the earning report that should be uglier than the last QTR.