Sep. 9 at 5:11 AM
$LULU is still over priced. But people who paid
$500 for this crap still don't want to accept fair value is
$50. I have seen these over hyped stocks a hundreds of time.
$LULU had a niche when women were fat with cash and time. I think a lot of
$LULU customers just don't need more cloths and if they do aren't as willing to pay insane markups.
$VSXY is also over priced. I wouldn't short either but I definitly would not be long.