iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Macke Is Winning

 

This past weekend, at the iBC conference, Jeff Macke had a guest spot and he pitched us his top pick $LULU. Not only did he talk up LULU, he also was wearing some LULU slacks like a boss. He explained to us how you can’t trust traditional financial media as everyone has an agenda.

Well judging from today’s downgrade, and seeing how the dip was quickly bought up in LULU, apparently someone wanted in. Here’s a look at the daily chart with price bouncing perfectly off the 200 day MA:

Screen Shot 2014-11-14 at 11.29.40 AM__

I’m siding with Macke here over today’s downgrade. $LULU is a buy heading into the holidays.

 

If you enjoy the content at iBankCoin, please follow us on Twitter

25 comments

  1. danny1980

    I have no idea what you just said; that picture is just ridiculous….lol

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. berniecornfeld

    Agreed!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. RaginCajun

    Thank God for Yoga pants!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. zoomba45

    DAMN RC! Nice PIC!

    What’s your target on TWTR anyway?
    Thnx!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Sooz

    Nice Macke retail call but, RC,
    LULU slacks(?) should never be written in the same sentence as a descriptive of there traditional luon sheer fabric. That’s just ‘Not’ right, okay?
    What a debacle at the time while big $$ was made in a FLASH. ~Cha~ching~ and for all you men out there ~Scwing~Schwing~ .

    *I do hold core position from awhile ago..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Sooz

      Just the thought of Macke wearing LULU Slacks makes me grin.
      hidden behind the the desk at Yahoo Finance, yup.
      😉

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Sooz

        I added back a bagillion share of JOOOoooooooez on this sweet dip:
        @ $0.62
        why..?
        ahh forget about it.
        Symbol JOEZ
        Description JOES JEANS INC COM
        Shares + *
        Price 0.62

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Sooz

          Last in on ARO was 11/11 at $2.77
          (did not post entry..sorry about that..but have posted all in recent past entries and exits)
          my cost avg. well below 3

          just a few spec~o~rama on the retail front. It’s my favorite sector to trade.
          Thinking of cost avg up on the remainder of my last in SHLD at $25.17(after nice profit taking a week ago) post entry somewhere around this joint.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  6. belzile

    Kim is breaking the internet again today

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. biffer

    RC did you take a shot at Lock? Seems to be setting up nice.I took your advice looking at 17.24 resistance and bought Dec 18’s. Bit of a vol pocket above.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. speerothekid

    I thought we were talking Christy Mack

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. halloweenpleb

    Is this what you call a double wedgie BOTTOM? 🙂

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. chuck bennett

    double apple bottom

    regards,

    Chuck Bennett

    • 0
    • 0
    • 0 Deem this to be "Fake News"