Undervalued or Value Trap?lululemon athletica inc.BATS:LULUdchua1969The driver determine the direction of the car that he is sitting on. Same for the management of LULULEMON. With so many top executives moving out of the company, what is going to happen in the future remains unknown. We have to wait for the new CEO, former NIKE CEO, Heidi O'Neil to see what tricks he has in his sleeves. So, I am not buying this stock for the moment. A clothing brand is subject to upcoming competition so no matter how strong the brand equity was in the past, it will be eroded over time. And if you constantly have to use pricing as a strategy to get rid of excess inventory, promotions, etc, it says a lot about its losing appeal.......... Just my 2cents Please DYODD