However well this stock has performed in the past,consider: (1) The declining sales of large SUV's seems to indicate that consumers finally are concerned about fuel prices. (not just $2 gas, but the possibility of $3 gas?) (2) The market, which assumed that $40-a-barrel oil was a temporary blip, now seems to accept that $50-a-barrel-oil may be here to stay. (3)WGO's recent glum report. (I'm not an expert here, but it seems that their extensive line of diesel-powered models should have made them less vulnerable to higher fuel costs. (4)Rising interest rates will not only make it more expensive to finance RV's, but will end the lower mortgage rates and the refi's which fuel a lot of discretionary spending. (5)Rising material costs (e.g. steel, aluminum) will cut into profits if the manufacturers are unable to raise prices. Given this environment, it's hard to see what would make the RV stocks perform well here.
Excellent points....... however holding THO short can hurt you on some days when it takes that 3-6% jump up without any logical reason. I think THO has so much cash that it can simply buy it's own shares on a predetermined day. I know this observation will "draw fire" from others on this board. I'm not talking stock re-purchase... I'm talking that's how Wade and his buddies make money. THO has to increase about 6% in order to get up to the MID-X range. My guess is, that's the goal of the THO specialist next week. Of course should the MID-X decline next week, THO will not have to move the full 6%.... only enough to get back to being an "average" MID-X stock.