Tell me why I should invest!I have been not been amazed that LULU has been popular with the Yoga crowd. Its merchandise is simple yet comfortable to wear. My observation is, however, that this is also a deterrent to investors. LULU is vulnerable because its styling is pedestrian and its prices outrageous, therefore better styling and/or lower prices are an easy competitive advantage for newcomers.
Chip Wilson was smart enough to cash out early and Bob Meers is leaving the scene now that he can sell his holdings. At a PE ratio of about 65 who needs this? Please advise so that I can get my wife off my back.