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Lululemon Athletica Inc. Message Board

  • palosparkflash palosparkflash Jun 10, 2013 5:52 PM Flag

    Crazy stupid reaction in AH

    Christine Day will stick around through the transition. People just looked for opportunity to sell. Now is the opportunity to buy.

    LULU will open above $74 tomorrow and will recover further. Fundamentals are unchanged

    Sentiment: Strong Buy

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    • Contrarian every was buying on earnings, earnings performed but there were no more buyers. So the momo crowd hears the CEO is jumping ship and they panic see the stock not moving up (because the buying was too saturated) so they jump ship and lick their wounds. Tomorrow starts anew. Hopefully the reverse will occur and there will be no more sellers so everyone will start buying to catch bottom bumps. That's my story and I'm sticking to it.

 
LULU
63.17+0.53(+0.85%)Aug 28 4:00 PMEDT