SHE has a gap to fill at 93... then she quickly rebounds to 110++.... actually this is
a very healthy consolidation... up move from here will be firm and sustainable,..
dead cat bounce.. she has to test 82.50 before any meaningful leg up.. and
also wait for next earnings report for confirmation... SELL this rally.. buy backj
in the 78-82 area...
She will NOT see 400... but for fleeting moment... she closes the year at 386.
Next year is going to be mirror image for AMZN ..going DOWN we see 290 in March
190 in July and 47 in December 2014.
Did any of your stocks go up higher than what it was at on dec 10 when u posted
this note? I follow 15 stocks... and barring just one (SFUN)... all of them are
at or lower than their price on Dec 10... the rally was of a very poor quality..
wont sustain... look for lower lows in 2014....
The reality is that LULU was priced for perfection, the street afforded it the high PE
in exchange of solid growth.. now with 2 back to back quarters of disappointing results
and other product related controversies it is only natural for investors to step back
and roll back the "premium" it offered.... so now that LULU will be priced "normally"
until several quarters reinstate its growth story. Hence. applying NORMAL PE
of 15.... and forward eps of $ 2.47 the Fair Market Value of LULU is a max
of 15 x $ 2.47 = $ 37.50.
Why rush into this stock ?? Give us ONE GOOD SOLID reason.. (not speculation).
IF THAT IS ur style then I suggest u don't miss out on OMED... I has already been
a 2 bagger for me... holding out for 3 more... seriously...
she is teetering at the 20 dma.. todays action raises the possibility
of SCTY wanting to close the gap at 37.50 which incidentally is at
the 200 dma as well... be cautious here... ANY dip under 49.65
is a SELL signal. per my analysis...