"Fundamentally, Retail analyst Brian McGough has been right on this name for a long time now," Hedgeye CEO Keith McCullough writes. "In Investing Ideas, I simply went back to the well one too many times and need to risk manage this short idea relative to a very poor timing decision I made to re-enter the idea in February."
"So, on today’s -1.7% correction, I’ll take it off our focus list and wait for a better entry point when I think the market as a whole doesn’t look as bullish as we’ve currently been."
