Hey bud. haven't been on this board for a while. Forgot about JCP and saw the pop yesterday. Can't believe you are still here and still short. I think the consensus is that we're going higher at least this year and may hit $20 before the mounting debt makes any difference. I hope you got some calls to cover the short.
In the long run, this is most likely a pig and may go BK in 5 years. But in the short to medium term, they got everything going for them. All you got to do is look at Dillards to see the upside potential. Anyone shorting here without hedging is very naked. Hope I found you well and you are well positioned to weather the impending bull run on this one.