Just SO RIDICULOUS. Ladies and Gentlemen, today is the epitome of the rawness of the market. This will show you what collusion is if anything. SEC? What SEC? I love the joke. Who is the joke on? Those who don't know what they are doing.
Instead of looking at valuation, amateur investors look at stock and chart moves. This is amateurish. It is a FAKE science. The market is based on fundamentals and it always WINS out in the long run, everything else is gambling.
When companies like Victoria secret, Ralph Lauren, CoH, don't make more than a billion and they have a much larger target market with sensible products as opposed to niche, then how can a company like Lululemon be expected to achieve even close to the returns in earnings as these guys.
It is not Lululemons fault it is being so ridiculously overvalued, they just sell the pants. The hedge funds like lone pine capital and others who are piling in at this ridiculous valuation just to squeeze shorts are the ones playing the games. But they will all leave at some point and every ridiculous dollar they raise this sucker, the more oppurtunity they create for a big guy to come in and short this pig.
Gmcr went through the same games, NFLX did 3 years ago, and so many other companies whose valuations get way too ahead of themselves.
Then you go to the lululemon website and you see the reviews and you see that all isn;t fantastic in fantasyland.