why pay 25 time EPS ? wait ... she is NOT going up anytime soon... put a buy order
in at 39.... and in March u get filled.... however... I wouldn't own LULU under any
circumstances... so much good happening else where.... take PCYC for eg... got
in at 100... she is 127 in 10 days... try OMED as a replacement for LULU...
bigger bang for the buck.... RETAIL and in particular LULU and ULTA are in deep
trouble.... avoid the whole sector just my 2c worth
I would make sure to define your stop because LULU can go either way. Some see it as oversold and are expecting a rebound with new management, others are looking at this as one sick stock because the company's fundamentals have eroded by bad management, bad PR, slowing sales growth, increased competition, and the stock no longer deserves its multiple.
I'll wait and see what happens and ride the momentum either way. LULU was a good long for me three years ago and it's been a good short for me during the last 8 months. I do not have a position currently.