Jun. 5 at 5:45 PM
$LULU they screwed up SO MUCH. Why is that extremely bullish? Because they have to fix SO LITTLE to do much better than they have in the past 6-12 months.
It’s basically like when
$KSS traded in the
$6-
$8 range a year ago. Leadership made incremental improvements and the stock price immediately started to climb.
I don’t see
$LULU EVER trading for less than
$100. It’s up from here. Safest bet ever. Expectations are EXTREMELY LOW.
Chip Wilson, the new board, the new CEO… it’s going to be absurdly easy to make improvements from this point forward.