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Lululemon Athletica Inc. Message Board

  • bonnielessman bonnielessman Oct 12, 2011 5:25 PM Flag

    teachstat thanks very much great explanation!!

    do you really teach this stuff is there any way we can talk via e mail ???

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    • Bonnie:

      Nothing personal, but I'm not really interested in connecting via email. If you have a question, I am happy to try to answer it as best I can here.

      What we saw the past week or two was simply a short squeeze. Institutions stopped selling and then bought a little bit, driving the price up each day. The problem is at some point, all the shorts that can be squeezed (retail) will have been squeezed. At that point, someone has to be willing to pay up for the stock. No one in their right mind truly believes LULU is a "deal" here. Any true investor will wait for it to come back to the 40's at a minimum. So, the squeeze ends when new retail shorts stop shorting it (which is part of the reason why I encourage all of you NOT to short the stock). It just provides new fuel to the short squeeze fire...

      I am still primarily focused on a couple of other positions. I am hoping that this holds its ground over the next few days (or goes up) so that I can increase my bet here shortly. Once I do, I will explain what I've done and why. I think I know how the "shorts" can win the game that has been played here... A little competitive strategy if you will...

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