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Lululemon (LULU -1.2%) trades lower after an appearance by the stock on Mad Money's lightning...

Lululemon (LULU -1.2%) trades lower after an appearance by the stock on Mad Money's lightning round fails to invigorate buyers. The big picture on LULU is that continues to be tagged as a "momo" stock with risk-off implications, which Cramer says gives investors a chance to profit with deep in the money calls 6 months out.
Comments (2)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Oh yea sure Cramer.....ever heard over extreme overvaluation??? over 7Xsales vs. 3x for UA, which is overvalued too...The metrics on this crap are way overvalued...The next CROX, SODA,FOSL,TPX,HGG,DECK... name all the MOMO retail names had had their day in the sun and then burned up
    11 Jul 2012, 10:38 AM Reply Like
  • mebs
    , contributor
    Comments (4) | Send Message
     
    Traders on wall street use the Publics money to gamble away and run stocks to P/Es of 50 and then use their leverage to short the market !. Have u heard on CNBC where are the retail investors.. Go ask them why the don't short FB at PEs of 80 because they will get walloped. They go after the much smaller stocks like LULU. Big blocks of buying $3M of Puts 10 % below the stock price 2hours before earnings are reported. These are the same crooks who must have inside knowledge. Ask the SEC after I reported this ...the SEC s response they keep it on file !!!
    12 Jul 2012, 05:19 PM Reply Like
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