Yet it jumped from $44 to $56. Look at the insider sold over 2 million shares at $42. That shall tell you how much this stock really worth. Motley Fools has recently joined Zacks Research to talk about LULU as a strong sell.
I stumbled upon ULTIMATE STOCK ALERTS ( google them) and haven’t looked back since. Their last Nasdaq alert delivered 33% in a few days.
with an luck, the bears and shorts here will not consider covering until $45 is reached. The $60.00 level looks like history now, but LULU has some catching up to do -- on the downside, of course.
"Warned" Warned of what? That they were expecting HIgher revs and EPS than they previously were thinking?
For the fourth quarter, we now anticipate that net revenue will be in the range of $690 million to $695 million, which represents an increase of approximately 15% compared to the fourth quarter of fiscal 2014, or on a constant dollar basis, an increase of approximately 19%. This is based on a total comparable sales increase in the high-single digits on a constant dollar basis. This compares to our previous guidance of net revenue in the range of $670 million to $685 million for the fourth quarter based on a total comparable sales increase in the mid-single digits on a constant dollar basis.
We also now expect diluted earnings per share will be in the range of $0.78 to $0.80 for the fourth quarter. The previous EPS guidance for the fourth quarter was a range of $0.75 to $0.78. EPS guidance continues to assume 139.0 million diluted weighted-average shares outstanding and a 29.5% tax ra
This trade worked out well. Waiting for the next panic attack and sell my options one way or the other. BTW I bought my first LULUlemon workout pants worth every penny. Fits, it is comfortable and looks great.
While you see all the selling and no buying from the insiders. That has to tell you something about the stock is way over inflated and pumped. Stock has advanced 30% since it warned at $44 a month ago.
Sentiment: Strong Sell
CNBC - Yes, you are right.
They very rarely call people on their bad predictions, but often let them come on when they were right. Obviously, some of them are going to be right.....sometimes.