Not letting go one single share of LULU. See you at $90 for sure.
I have picked and predicted so many jackpots the last 6 months. This will be another one of them. Loaded up FSLR and SPWR earlier this week in the big drop. Made over $20k on FSLR in just 4 days and over $30K on SPWR.
I have to hand it to management here, they picked the right market to guide down the upcoming quarter and the rest of the year. Now, they will probably beat the greatly reduced numbers and everybody will celebrate and they will be able to sell their next round of free shares higher.
Of course it looks like the Bernanke bucks fueled market is helping the consumer feel better and spend money so if that continues to be the case he is partially accomplishing what he set out to do.
I guess compared to itself the stock is not as expensive as it once was but growth is also at a slower pace. What the heck, an FPE of just over 40 for a yoga cult stock. It almost sounds cheap but in the short term that doesn't matter. $90? Why not $100-$120. What could possibly go wrong?
I also called to load up TIF when they dropped below $57 not long ago based on missed earning an lower guidance. Keep in mind, LULU beat earning last quarter so this stock will get up to $90 compares the others such as TIF, DECK have lesser positive news. I love LULU sportswear outfit. They look sexy.