Lululemon athletica inc. (LULU)

Topgrinder (94.51) Submitted: 9/26/07 5:28 AM : Start Price: $34.80 LULU Score: -5.33

Wow how did I miss this monsters IPO !!!!! I have been following the company for a few years waiting for them to go public but I completly missed the news of the IPO !!! I am so upset !!!!! I did get 500 shares but will get a few thousand more when its drops down a little.The p/e is a lil high with alot of hype factored into the stock but its well warranted.

This is a great company in its infancy, they were sheltered in Canada for a few years and have developed mass word of mouth and great branding. They have veered from primarily yoga wear to active lifestyle mens and woman wear.

This year they are on slated to open 25 new stores with the majority cracking into the states market and are slated for 35 next year. Expect gmore global growth and even more aggressive expansion. They are starting to make more profit percentage and are streamlining every aspect of their bizz for maximum growth and profits.

LULU is coming harder than a MAC TRUCK and investors will be along for the ride especially once the number of stores are doubled in the next 2 years. So its easy to say that a long term hold is in order and i wouldnt be surpised if we triple the stock price in the next couple years.

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