Athletic wear is growing in all comanies. GPS,UA,NKE,et al.Lulu brings fashion and lifestyle together with function. Color stories, high quality, fastest sales growth, best margins, best earnings growth and big one here NO DEBT. That's right tremendous strategy that is working with share growth without diluting the profits. Plenty of new store locations are available. Could easily end up an International Power Speciality Retailer. Prices are higher than many of the competitors but the quality and style is unmatched.The Brand promise is only at the bare begining. This company has year and years to ow both on a comparative basis and new stores. The internet continues to drive business as well.Best new retail concept in years very fast grower with a tailwind provided by the sustained and forecasted by management to continue through the end of the year. Yet there will be short sellers who really do not kknow how to properly read an income statement and balance sheet. Leveraged free cash flow is $150 million. Wow and you can buy now below $80 and participate in the run up by year end. Or you can say performance and great strategy and the further tailwind provided by the FED somehow equals a short sell strategy. Sounds insane that some would short. They will ( some ) and they will provide ladder steps to $100. IMO
Sentiment: Strong Buy
And as the gelding leaves the post it takes the lead and then starts a quick fade. By the first post it's lengths behind.... But by Christmas they (Oracle and Retail) promised 100. The said you can take it to the bank (That's the place you take all your extra pennies.)
We are 5 maybe 6 dollars closer than last Thursday. Hang on baby. Is this the fabululuuous rocket that gets us to Christmas with toys for the kids and spiced cake for the rest of us? Mmmmm Mmmmmm. Oracle? Retail? Other kids?
My oh My oh My. What has happened today? It has rocketed down to 66.36. How can this be? Oracle was the Oracle broken? Damaged? Incompetent? Diseased? Infected? Deranged? Ineffective? Oh come back and admit what has happened. The boys with balls want to know.
Oracle, what do you think now? Still taking $100 to the bank at Christmas? Or even earlier? Is it time to buy in now that the base has been established? Mortgage the house and go for the gold ring? What do you really think?