Takeaway: We are removing W from the short side of Investing Ideas today.

A quick note from Hedgeye CEO Keith McCullough:

"With the stock getting hammered -6% in an up tape, I’ll take this SELL idea off so that I can re-issue the short idea on the next squeeze. This is no market to just let shorts ride."

***No change to Retail analyst Brian McGough's fundamental short thesis on Wayfair (W). Click here to read our analyst's original report on the company.