Thursday, March 17, 2011

Winnebago (WGO) Tanks on Earnings Release

Winnebago (WGO) is our largest short position - I added after hours yesterday after the explosion in the yen carry trade.

The stock is tanking this morning (down 9%) after another disappointing earnings report. I am taking the opportunity to cover some and redeploy capital to other shorts that are up today.


whydibuy said...

Ahh, another after the fact call. Kinda like NFLX.
You have to call it before the event happens to have any credibility with us.
For the record, I don't believe a word of it.

CP said...

And you wouldn't put up a simple $10,000 bet that I could produce trade tickets. Double or nothing on WGO?