Jan. 30 at 1:35 AM
$LULU Sold my LEAP calls right after earnings for a nice 100% profit. I sold because I didnt feel the market didnt value this stock correctly. If this drops below 160 again, I will have to retest my luck.
The thing that people don’t understand about Lululemon is that it has one of the most formidable moats around. Name one other company that produces high end technical clothing, global presence, that you can wear all year around for most occasions. I can’t think of one.
Anyways, I hope this goes below 160 again. If so, I will go back in.