One of the best stocks I ever owned. Go LULU. We need a big pop to reach 80's this week; patience prevails; you need to invest long term like Buffett and not worry about day to day stock fluctuations. This baby is going to triple digits eventually, but we don't need to set a timetable for that. Just continue to hold long term; the Buffett way !!
Now that is a good one, mentioning Warren Buffett while mentioning holding this stock. I'll admit this is a growth story but it is not a growth at a reasonable price story. Warren Buffett wouldn't touch this momentum stock with a 10 foot pole.
It doesn't mean it's not going up but eventually this MOMO will come back to earth. Once the short squeeze is over and/or more bad news from the company and/or bad news in the overall markets, gravity will then takeover.