THO The RV folks. They reported last night. Its probably a pretty good buy down here at $121. It hit $128 last night. I mean they had a beast quarter. Who knows, they should be up more.
They report tonight. $138.50 now. Its only been 2 months since their last reporting date. Wonder whats up with that...? Maybe they changed their fiscal year or something. This one has come too far too fast. Good short above $141 if they have a good report and the stock runs. WGO (Winnebago) will be a pin action play too. One direction or the other.
This will be an after hours trade. The goal is to short it north of $142. Expect $133 or less in a few days (or less).
Thor reports tomorrow AM. Its $107ish. I suspect it will tank.... they are very sensitive to interest rates, labor, and tariffs on metals. A perfect storm. But who knows. Key in their report will be dealer inventory levels.
I like THOR - my strategy with them is to buy a call ratio ahead of earnings. Certainly this time it was a big winner (I even liquidated too early in hindsight) but due to the buffer effect of the short ITM option I usually do ok even if there is no pre-earnings runup. My experience - admittedly from some time ago - of holding through earnings is not so good. The bid-ask spread widens to an ocean and you cannot close even if you were on the right side of the short straddle.
$59 now. Another ugly quarter. At some point it may be a decent value play. Its not a bad company really.