On the one hand: shares
are hard to borrow, puts are very expensive, famous and aggressive hedge funds are heavily invested,
this stock has squeezed many shorts. On the
other hand: target consumers are under
stress, competitive position has been deteriorating for a generation, valuation is
tied in part to commercial real estate in an overstored America, frequent management turnover, empty stores, questions about cash position, does not report same store sales regularly;
big earnings announcement on November 19.
What do you do?
