Sep. 10 at 3:08 AM
$LULU $NKE $QQQ $SPY @esipirilo
The truth is, probably you’ll stay in jail for few months…. probably a year or even more.
Ask yourself : why and how could Lululemon go to back 150?
Why? There’s no reason why in fact… it’s just another sport clothing brand « for only certain types of persons » as the ceo said months ago, « it’s a brand not for everyone… » … i know i know… the ceo shot his foot and investors too. A company with less demand, obviously less revenues…
How? How could it go up? By increasing revenues and their net margins which it won’t happen.
There you go, you have your answer.
Sorry. PT to me set under 80$, not to say under 70$… give it few weeks, or very few months.
This is one only one of the solutions if offer to save the company : LOWER THE PRICES IN STORES (stop selling sport clothes at 200$…when you can get them for 40$ from other known competitors). Lululemon needs more customers, much more customers, volume sales.