JCP goes down Macys will follow
Sentiment: Strong Buy
It's your money, but your simplistic reasoning is highly flawed.
Retailing is a zero sum game. The customers that JCP loses don't stop buying, they just buy elsewhere. Macy's, Kohl's and Target have all benefitted fom Ron Johnson's incompetence.
The next big JCP drop will be when the case goes back to court after mediation fails, and the judge rules to one degree or another in Macy's favor. Macy's will go up.
But, like I said, it's your money