Hayward (HAYW) - Another POOL in the making ?

Hayward Industries - a manufacturer of swimming pool equipment - has gotten horrendously beaten down as of late. In short -> as to the stock price -> they have had issues with their supply chain as noted on the Q3 conference call and they got obliterated shortly after a quick pump up in December.

I believe that the expectation for them is so low going into Q4 earnings that any good news will send the stock on a rally. For a trade, I'd look to fill the gap at the very least (circled on the chart). I myself am starting a 50% position here, will add the remainder after the conference call if there is a further pullback.

I believe that this summer will be another strong one for the swimming pool industry - as long as Hayward can come reasonably close to meeting demand the stock will soar.

They are a primary supplier of POOLCORP (POOL) which is of course one of the best performing stocks of the last 20 years, and Hayward only recently went public after an eighty (80 - thats right!) year run as a private company.

To get another shot at the IPO price is a rare opportunity in my opinion.