Seeking Alpha

Lululemon lower on speculation comp sale will disappoint

  • Lululemon (LULU +0.4%) falls after ITG Research weighs in with a note saying it expects to see comparable-store sales come in at the low-end of the firm's guidance.
  • Volume is heavy on LULU as traders continue to push back and forth on the name.
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Comments (9)
  • zorro2828
    , contributor
    Comments (594) | Send Message
     
    Oh Brother.. more nonsense from the analysts who do not buy the product ... I was buying big time today and hope all those that spiked the price down find themselves on the wrong side of this stock... LULU is a quality provider of apparel for women and men and they will dominate the space .. my call is $100 by Christmas baring any catastrophic event
    20 Aug 2013, 03:34 PM Reply Like
  • meta9999
    , contributor
    Comments (182) | Send Message
     
    You can love the product, you can call the price, but the time to invest in this one was in '09-'10 when the stock was trading around $5 (split adjusted). Right now the stock is trading on vapor. Any disappointment and the stock will be $50 before you can blink. And c'mon, seriously, how big will the yoga apparel market get and who will keep out the competition? Time to sell and move on; $70 will look like a pipe dream in a year.
    21 Aug 2013, 12:24 AM Reply Like
  • lorneb
    , contributor
    Comments (164) | Send Message
     
    Meta----- are you shorting it?
    23 Aug 2013, 01:07 AM Reply Like
  • meta9999
    , contributor
    Comments (182) | Send Message
     
    Did I really say that?... its only 8 months!
    2 May, 03:37 AM Reply Like
  • meta9999
    , contributor
    Comments (182) | Send Message
     
    Sorry just caught your post. I always hedge in both directions, but was more short than long (with puts and calls) back then. Now I'm about 60% short (with short calls) and 40% long (with short puts)
    2 May, 03:41 AM Reply Like
  • timedk
    , contributor
    Comments (16) | Send Message
     
    I'm sure they are hoping you are on the right side
    20 Aug 2013, 04:11 PM Reply Like
  • Cousin Jeff
    , contributor
    Comment (1) | Send Message
     
    Interesting little Freudian slip...a catastrophic "baring" event was what got them in trouble in the first place.
    20 Aug 2013, 11:29 PM Reply Like
  • zorro2828
    , contributor
    Comments (594) | Send Message
     
    The sheer incident was the best form of advertising I have ever seen.. The buzz around the water cooler was all about the sheer pants and many of the guys went in to buy them for their wives... It was marketing genius to bare all and then fix the issue ... I like transparent companies anyway!
    25 Aug 2013, 08:31 AM Reply Like
  • muleskinner
    , contributor
    Comments (2) | Send Message
     
    Every time I visit a LULU store it is busy and there is an exciting "buzz" happening. I go next door to Gap or American Apparel and they are nearly empty. I think I will keep my stock.
    24 Aug 2013, 02:39 PM Reply Like
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