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Lululemon Athletica Inc LULU

lululemon athletica inc. is engaged in the design, distribution, and retail of technical athletic apparel, footwear, and accessories. The Company’s segments include company-operated stores and direct to consumer. Its apparel assortment includes items, such as pants, shorts, tops, and jackets designed for a healthy lifestyle, including athletic activities, such as yoga, running, training, and other activities. It also offers apparel designed for being on the move and fitness-inspired accessories. Its technical athletic apparel, footwear, and accessories, which are sold through a chain of company-operated stores, direct to consumers through e-commerce, outlets, sales to wholesale accounts, license and supply arrangements, recommence, and sales from temporary locations. It also offers in-home connected fitness and associated content subscriptions through lululemon Studio. It operates stores in the United States, Canada, Australia, the United Kingdom, South Korea, Germany and others.


NDAQ:LULU - Post by User

Bullboard Posts
Comment by lightning99on Jan 19, 2014 11:00am
167 Views
Post# 22108736

RE:RE:RE:RE:Good time for entry or stay away?

RE:RE:RE:RE:Good time for entry or stay away?Well no doubt there is downward pressure. but in the big scheme of things a year or 2 down the road what will happen. As an a long term bullish investor, I think the market will look back at this and Target with the credit card and Canada poor performace issues as buying operatunities, all companies trip up from time to time. Besides even to enter a short now is tough because all the easy money has been made on the short side there is tons of support in the mid and low 40's. And given that this is a real company with real earnings not some tech startup, it'll only go so low before the other market participants see value and buy it up there buy supporting the price. The original poster can wait and try to pick a bottom, but that's a fools game, and they should not overweight this position to start either if looking to go long. At current prices its already trading at a 27 pe multiple. With tons of price support current and 45ish and almost a full year of support at 42ish. So that's no leaving much left for a short call inless initiated earlier, although buying puts to protect the long postion may be wise.. for me as well really... I'll have to think on that more now that I'm typing(thinking).. Good Investing, Lightning
Bullboard Posts