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ULTA - my profits vanished

12/8/2013

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The downbeat guidance slashed ULTA's price almost 20% on Friday, I was able to get out at 96.5, having bought near 100 few months ago. The drop provided me with a big lesson for the future, I really like the company but the trend is broken. A big red flag when I purchased the stock was the departure of 2 CFO's within a relatively close period.
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