Come earnings this fuc.ker can tear your head off. All it takes is one smart ass hedge fund to "light a match" or one "funny money" tax credit to look profitable and all your short positions will get vaporized. That Barron's article just piled more Warren Buffet wannabe's into a huge short position. Don't believe me? It just happened to me with HOG. You are warned. If I had any positions, I would straddle this one.
Oh you were so right. I have been burned by pool before. Glad I didn't short before earnings, Manny never ceases to amaze, which shouldn't suprise me, since I heard he got his start working some stand on the Wildwood Boardwalk with 3 shells.
...maybe your right. But only as long as the suppliers keep taking the bullets for them. Just like they did last year. Pentair down 5% today on 2nd qtr results. Hmmmmm. At some point funny math on paper doesn't add up. Poolsales in the NE down 30-40%. Midwest about the same. Maybe a caller on Thursday will ask Manny real questions about latham. Doesn't latham make pools? Or at least 60% of 2008's pools?