Everything worked out OK for Best Buy...
The hardest thing to do if you are long JCP is to think of and post different ways to say "HOLD".
And keep in mind that Best Buy doesn't have anywhere near the advantages of JCP. Market position and the merchandise mix are both much more favorable for JCP than for BBY.
i personally like best buy than jcpenny store. best buy has more brighter futures than jcpenny that no one cares about if they are gone. best buy is the last electronic specaility store.