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Lululemon Athletica Inc. Message Board

  • gregbent gregbent Jun 1, 2012 11:40 AM Flag

    If things are bad, whose buying these CAR?

    It doesn't make sense,

    if people aren't working, confidence is falling, Europe is imploding..

    Who is buying all these new cars???

    I guess it must be the 92% of the population that has a job, who's house is going up, who is re-financing and who's balance sheet has IMPROVED over the last year.

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    • You mean all those subprime auto borrowers who will defaulting on an asset that loses value the moment it is driven off the lot?

    • Greg, I am an optimist, but also a realist and although I believe Lulu has something quite unique, plus I live in a part of the world that is not really affected due to extreme wealth therein, even I know that figures are totally manipulated and you are in denial.

      It's very simple, unemployment INCREASED..what more do you want? Might be a seasonal thing, but it sure doesn't look good at present and we have a few issues with Europe, our biggest trading partner!!!!!! Not much more to say really and on top of all of this, if Lulu don't produce whats expected(and they will have to beat top and bottom and give a reasonable future forecast)then Houston..we have a problem.

      Hope I am wrong.....over and out.

 
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