So his wealth was cut down....but I don't believe he paid more than a dime per share...so my point is he is still up HUNDREDS of MILLIONS of Dollars. Paper loss only.
I would be concerned they are not pricing in increase in growth in retailer. Increase job growth, increases in salary will accelerate business momentum. Target $77
Sterne Agee upgraded its rating on the stock from “hold” to “buy” and increased its 2015 earnings estimates from $1.89 per share to $1.98. EPS estimates for 2016 also improved from $2.19 to $2.37. Sterne Agee upped its price target on Lululemon stock to $77 — a 12% increase from the stock’s current price.
Idiot not even a reasonable post and short notice resignation caught shorts off guard...did not see this coming. Idiots thought it would be lead up to plan.
Jeffries still issues $60 PT. almost 40% gain on turn-around
short then you have no idea what the rollout plan is