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.

2 comments:

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?