LULU has nothing worth buying...just expensive #$%$
If you take LULU's market and divide by the number of stored they have...the number is humongous. I don't know who in the world would be willing to pay that kind of money especially after losing their founder. But there is a new sucker born every minute. Hope that you are lucky enough holding a short position on the day this POS will fall. Until then, no one knows when it will hit the floor, but it gotta be close.
Finally it started to move down, but a long way down. It has to come down to mid-50's in order for LULU to be attractive. It is still priced for perfection. They missed big last quarter, the stock went up. I am expecting a major leg down on LULU.