Thursday, December 1, 2011

LULU reports Mixed result & guidance, stock down in pre-market.....

LULU reported Q3, here are the details=

Sales consensus $235.74 million, Actual $230.2 million a miss of $5.54 million

EPS estimate 25 cents, actual 27 cents a beat by 2 cents

Q4 estimate Sales $327.30 million, guidance $327 million to $332, $2.65 million higher than consensus

Q4 EPS estimate 42 cents, guidance 40 cents to 42 cents, guiding lower by 1 cent

LULU Down in pre-market $6.30.....

Conference call @ 9 AM, after listening i will make my decision
to add or sell.

BLOG does NOT give buy or sell.

Saleem

19 comments:

c said...

GOOD morning to you Saleem
an d To all Bloggers

market looks mixed so far
Looks like copper prices must be down as SCCO is down pre market

Saleem
Was thinking of adding BIDU to my account
Is that safe here.....
C

Stocks100 said...

Hi C,

BIDU is good for adding.

Good luck.

Saleem

stocktrader_1996 said...

Hey Saleem,

Good luck with LULU--I've got ULTA after the close...

Very reluctantly sold my AGU $70.29 and bought half SWC $10.975 (to make full) and half GNK $7.55.

Stocktrader

c said...

Stocktrader

Good for you getting some GNK

Dunno if selling your AGU was timely

My poor POT is smacking me hard --but I am holding it for a bit more--seems AG's are ignored

Copper was flying yesterday--take a look at my SCCO

CLF seems to have MOJO! amazing run

I tried to get BIDU but it moved this AM so fast it missed my buys targets

Best to all

stocktrader_1996 said...

Hey c,

I was forced to sell something to buy the SWC/GNK and AAPL was really my only other decent option besides AGU. I chose the AGU because that kept my commodity exposure similar and transferred it to higher beta stocks.

I'll have more options tomorrow with ability to sell certain stocks and I might be able to pick AGU back up. I still love the AG stocks...

Stocktrader

c said...

Stocktrader

Thanks for sharing with me!!!!!!!!

Look at FCX too ' as copper is hot here,

I tried to also get some PCLN, missed it too......

I do not want to over pay
C

Stocks100 said...

Hi Stocktrader,

LULU conference call is very impressive...based on that i doubled my position in LULU.

Good luck with your new buys.

Saleem

Up said...

HI Saleem

Base on what I see, I think it is wise to add long before close

Stocks100 said...

Hi Up,

I am getting deeply overexposed in this market everyday.

Saleem

Up said...

Saleem

Nice, in this market $ all the way. I got nflx amzn and apkt today and they are giving me nice gain too

Stocks100 said...

Hi Up,

Good luck with your long position.They are all looking good.

Saleem

Michael said...

Saleem,

I started position with LULU @42.8.
Exposure 120%. So far, portfolio is looking good.

Michael

Stocks100 said...

Hi Michael,

LULU is an excellent buy based on what i heard in conference call.

Good luck with your portfolio.

Saleem

stocktrader_1996 said...

Hey Saleem,

I'm in a bit of a pickle here...

I bought that 1.5 position of ULTA yesterday (initially only a regular full, but then added another half after it dipped more right away).

It has acted horribly yesterday and today ahead of its earnings after hours. If I sell today instead of tomorrow, I lose my relaxed 3-day restrictions and would have to wait a full three days after selling to be able to rebuy in the future.

In your estimation (and I know you don't follow this stock carefully), do you think maybe ULTA is down these days in sympathy with other retail stock post-earnings drops like TIF and LULU, or am I really in trouble?

Thanks in advance.

Stocktrader

stocktrader_1996 said...

Hey Saleem,

I will note that based on the last earnings call, I believed the guidance they provided was conservative and achievable, so I haven't had any worries until the bad price action.

Is it a fakeout or a true indication?

Stocktrader

stocktrader_1996 said...

Hey Saleem,

Just writing everything down helped me think this through. I'm going with the management I know and the story I like instead of paying attention to the traders. I'll hold through earnings and hopefully I won't lose more than 10% if things are squishy.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Based strictly on charts...there is nothing to worry about...ULTA is sitting nicely above 50DMA & 200 DMA.....

ULTA is going higher technically speaking $$$$$$$

Saleem

Michael said...

Hi Saleem,

Thanks for the updating on LULU this morning. It was on sale! It came up from the bottom nicely. Hope it will close in GREEN.

Michael

Stocks100 said...

Hi Michael,

You are welcome.

YES..LULU is looking good $$$$$

Saleem