Thursday, March 31, 2011

Lululemon Athletica Inc. (LULU)

I've followed this stock since early 2008, but unfortunately I didn't actually place either of the following trades. 

Actually, not placing the first trade doesn't bother me. 

But the second one does... just a little. 

Okay, a lot.

1. SHORT signal the week of 11.10.08 at $8.24 with a stop at $22.43. Traded as low as $4.33 the week of 3.2.09, but before the month was out it had bounced all the way back up and through the $9.82 stop. Loss of -23.8%

2. Reverse to LONG signal the week of 3.30.09 at $10.20 with $4.57 as a stop. Climbed steadily throughout 2009 and 2010, eventually peaking at $85.28 the second week of February 2011. It briefly fell below $75 earlier this month, but bounced back to close last week just a penny short of its high at $85.27. The stop is $65.49. Gain of 736.0%

Winning Trades: 1 | 50.0% | $75.07/share avg.
Losing Trades: 1 | 50.0% | -$1.96/share avg.
Average Trade: Gain of 356.1% | $36.56/share

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