HZO: Adding MarineMax to Investing Ideas (Short Side)

05/04/22 11:24AM EDT

Hedgeye CEO Keith McCullough is adding MarineMax (HZO) to the short side of Investing Ideas. Below is a brief note.

Here's another good example of how you professionally covered a short lower and now have a another shot to short it again with the latest weak-handed hedgie covering on green...

This morning's ISM Services print was another #Quad4 Slowing report. If you think high-end yachts is what people are going to be buying (do they need 2?) post their NFT, Crypto, and #BubbleCaps imploding, I’m fading that concept.

There’s been an abrupt change to the “wealth effect” here in America – and not a good one!

See Retail analyst Brian McGough's Retail Pro research for details on why to short PEAK CYCLE numbers at MarineMax (HZO),

KM

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