A private equity deal with LULU will never happen.....and smart money knows this fact.
Just take a look at BBY, MW......both their Chairman huffed and puffed about taking their respective companies private, and both failed.
The reason?.....No ONE Private Equity firm has enough money to do it themselves. They would have to team up with another firm......and that won't happen.
MW has about half the market cap of LULU.......and they couldn't get it done.
Instead, both companies ousted their founders.
The problem for LULU is......they are in a VERY competitive space, and up against behemoths like NKE, UA, and GPS.
At least BBY didn't have much competition......and MW had a very good market share.
LULU's market share is falling.......FAST...........and their competition is HUGE.
As I said.....this stock is worth about $20.00.....and smart money knows it.
Well, I'll be enjoying the "dumb money" run up today. My call options just got more attractive than a momma in yoga pants
you better cover your short and FAST! Your valuation is way off!