Week 8

LULU! What have you done to us in Canada? Why is there no growth. Possibly because of the MAJOR growth going on in the rest of the world. It could also possibly be that there are a few other companies that are starting to get recognized in Canada for their yoga and athletic wear. Sport Check the Forzani Groups monster has been getting into the yoga scene with less expensive athletic stretchy gear. Hopefully Chip Wilson can continue to build his brand and grow the multi-million dollar brand of Lulu Lemon. Oh we ended up selling off our shares in the Canadian side for a bit of a loss (almost $10.00/share, ouch!)

Next we took a major hit on our shorted stock of CMG. This restaurant must have found a secret recipe or the Mexican food Gods are looking down on them, because their stock gained about $11.00! We are not having any luck with our short selling. I think we need to take a better look at the trends of the stock and possibly do a little bit more research into what the company is going to be doing!We were pretty disappointed with our short selling. Dumb move and wont do that again if we want to win.

Lastly we sold off our ROI stocks as we couldn't justify the Wisdomtree Largecap Growth! A loss of about a dollar per share.

LOSERS! That is not what we want to be. Minimize the hit and take our growth where we can. That is basically the best thing we can do now. This week we sat pretty low on the rankings we were in 9th on the Canadian side and 7th on the american side. Heres to hoping we can recoup and get to first place to win the badly needed 20 dollars.