If David Einhorn is not shorting LULU ... why are you jokers shorting ???
What slower growth are you talking about? ... they have ONLY 200 stores ... very limited presence outside North America ... they have PLENTY of growth ahead of them ... they have not even scratched the surface ... quit reading too much into headline news. This is headed to $80 very fast ... they low balled their guidance big time which they will beat very easily next quarter ... I won't be surprised if they pre-announce next month.
The slower growth the company mentioned with earnings, may be why it was down premarket and traded as low $66.00 today.
You sound irrationally exuberant with your $80.00 target and time frames.
Best of Luck Gambling!
Make no mistake ... those who shorted are gambling, their "emotion" is making their decision .... longs are buying based on "facts" and strong fundementals ... this company is very conservative and always keeps a low profile. Do some research on your own and then hopefully you will understand why the share price was up 7% on volume of 10 million today.