Bombs Away on Cintas

Earnings are past. A beat, yet the stock drops and takes out support. I took a starter position expecting earnings wouldn't be hot, but wanted to wait until after earnings to fill out my position. I'm greenlighting this one. I like Spruce Point's case against this stock and also Avery (AVY). It's also why I have puts on POOL. I think these grow by acquisition, big conglomerates are great targets in bear market even if they are well-run companies (I haven't seen any negative report on POOL), but if there is a a whiff of financial chicanery or imprudent use of debt, they are as close to a guaranteed bear market "winner" as one can get in the markets.