how much LULU made in 3 months?
This is just looting of retail investors...and their 401K raid.
Take your money out like me...I sold out after this.
MS had $70 target on SFLY. I shorted at $62 until $21. Read my predictions there.
Reason, CEO had account at MS, and last year he met MS analysts to pyump and dump scam.
LULU is beholder to GS and company.
Let's see, you mentioned ANF, CRM, and DMND.
"Abercrombie & Fitch Co. (ANF), the teen- clothing retailer, dropped the most in more than 10 years after saying sales fell at European flagship stores last quarter". LULU HAS NO EUROPEAN EXPOSURE
CRM: Too much competition in Cloud space plus Oracle getting in Cloud as well which is a threat to CRM. So company specific.
DMND: Accounting investigation, SEC investigation. Again this is company specific.
You have more examples?
I wouldn't buy at these current levels. That's for sure. There should be a consolidation below $60 in the next several trading days. Shorts have already been squeezed out.
I just wish the company would find more efficient ways to price their pants. Consumers will most likely have to pay $100+ per pants, which I personally think it's a rip off for workout outfit. That's almost equivalent to a pair of designer jeans at Nordstrom Rack!