LULU

The big aab be is just coming out right saying I'm short in Lulu actually. You know what? What is that at since the since the earnings report? I feel like it's actually been a hot minute since I've taken a look at that.

Still sub 100. And so and look at this big. So we actually got a little bit of a pop out of the open here. Now I don't know if you're short it today but looks like we did get a little bit of a pop and then it rolled back over Lulu.

Yeah, this it looks like this one's this going to continue to come in uh until you know 80. I think we talked about 80 being the start of a support range. 80 85 I think it was the level that we gave.

Well, I think I think 80 75 80 uh would be my 85. Well, I mean, I I I guess I like 80 better to be honest, but you you're probably right. 85 maybe include.

All right. Right. And so let's move to your next one here because I'm excited to hear how you're looking at Lululemon right now. I mean, really struggling. Investors were really hoping for some strong quarterly results from this company.

They did not come. The turnaround isn't happening. They're citing, you know, more uh pressure and bad press on social media. They're having inconsistent reactions to their product launches.

A lot of issues here, but a new CEO in play, so there is the potential for a strategy change. So, how are you looking at Lulu?

Lululemon sales fell by 4% compared to the same quarter last year and comparable store sales fared even worse. Unsurprisingly, the stock price collapsed following this update as investors were disappointed in its performance. I'm certainly disappointed.

I own Lululemon stock in my portfolio and I had previously ranked Lululemon stock as one of the best stocks to buy this year.

You have Lulu still popping up here now. Dude, this Lulu is crazy. I can't believe it's back to 100. Okay. Is it time to buy more puts, right?

I'm we I'm going to give it a little more time to see like I want to see confirmation back to the downside here before I get back in because I tried that the other day and I got crushed yesterday. I mean, luckily it played out for me today.

For example, Lululemon is the top investment from Michael Burry.

Now, we start things off by looking at Lululemon, the yoga pants company, and this one is in a lot of trouble. The stock price continues to plummet. In fact, when we look at Lululemon this year, it's quite literally one of the worst performing stocks of the year.

Year-to-date, it's down 51%. If we zoom out in the past trailing year, it's down 38%. The past 5 years, check this out. Lululemon is down 76%.