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LULU

Posted on 6/12/13 at 10:47 am
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 6/12/13 at 10:47 am
So what do yall think about lululemon? Big drop from CEO leaving. Company has good sales.
Posted by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 6/12/13 at 10:50 am to
Saw it yesterday was in 60s then plummeted 14 bucks.......don't really like their sector(retail sales, yoga sales, health dvds)????

I hadn't even heard of them until yesterday.

This post was edited on 6/12/13 at 10:51 am
Posted by TheWiz
Third World, LA
Member since Aug 2007
11665 posts
Posted on 6/12/13 at 10:55 am to
quote:

Company has good sales.

Thank my wife
Posted by Douglas Quaid
Mars
Member since Mar 2010
4097 posts
Posted on 6/12/13 at 10:57 am to
quote:

I hadn't even heard of them until yesterday.


You must not ever watch Mad Money then. Cramer has been touting LULU for years.
Posted by TheDiesel
Phoenix
Member since Feb 2010
2608 posts
Posted on 6/12/13 at 10:59 am to
My gf loves that stuff too.It is like workout crack to females.
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 6/12/13 at 11:04 am to
I think it may be risky short term but long term (once they hire a CEO), it may jump back up to the high 80's
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 6/12/13 at 11:49 am to
I'm thinking it'll bottom at a support of $60-65. anyone else thinking that?
Posted by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 6/12/13 at 11:59 am to
Don't hate on me Douglas, I don't really follow the Yoga clothes market........

And I don't watch Mad Money.....guess I may have to include it on the DVR.
This post was edited on 6/12/13 at 11:59 am
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 6/12/13 at 1:44 pm to
I think as long as crossfit is popular, lulu is a good buy at current price. That said, I don't own any.


Woman flip their collective bean to that stuff.
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6024 posts
Posted on 6/12/13 at 3:40 pm to
quote:

And I don't watch Mad Money.....guess I may have to include it on the DVR.


Mad Money is garbage. Jim is also notorious for touting facebook and we all see what happened to that. He will spout out some solid data about even the most obscure companies at the drop of a hat.

As for LULU I would agree it is a buy at 60. Short term sell off due to the CEO but will recorrect. Happens all the time.
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