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Lululemon Athletica Inc. Message Board

  • mngtscrwdup mngtscrwdup Jun 13, 2013 12:16 PM Flag

    firing the CEO was a positive

    the board got rid of a CEO who was not popular with customers. lulu has big opportunity for expansion and the board wants to make sure they have a leader who can handle the job. i bought in 6 figures today and will be buying more. look for the stock to test 70 within the next week. announcement of new ceo will be a positive and move the price higher. next earnings report will show that margins back up to normal and a beat on earnings and will push lulu even higher. the p/e for this stock is not really that insane - only 30x the current year earnings projections- which the company will handily beat. thank you for the sell-off

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LULU
54.40-0.16(-0.29%)Dec 24 1:00 PMEST

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