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re: Nike hit it's 52-week high today
Posted on 9/13/18 at 4:20 pm to Rebel
Posted on 9/13/18 at 4:20 pm to Rebel
quote:
Do you understand the market?
Do you? Amazon was $5.97 a share in September 2001 and 52 weeks later it was $15.93. What kind of idiot would have bought Amazon at it's 52-week high of $15.93?
5
Posted on 9/13/18 at 4:22 pm to LSU82BILL
quote:
Do you? Amazon was $5.97 a share in September 2001 and 52 weeks later it was $15.93. What kind of idiot would have bought Amazon at it's 52-week high of $15.93?
Was Amazon as mature a company in as mature an industry in 2001 as Nike is currently?
Posted on 9/13/18 at 4:24 pm to LSU82BILL
quote:One who understood PEG vs future outlook.
What kind of idiot would have bought Amazon at it's 52-week high of $15.93?
Put another way, one who would understand the vast difference between Nike 2018 and Amazon 2001.
Posted on 9/13/18 at 4:31 pm to LSU82BILL
quote:
Do you? Amazon was $5.97 a share in September 2001 and 52 weeks later it was $15.93. What kind of idiot would have bought Amazon at it's 52-week high of $15.93?
Yep, Nike is a newish company..
Posted on 9/13/18 at 5:02 pm to LSU82BILL
quote:
Do you? Amazon was $5.97 a share in September 2001 and 52 weeks later it was $15.93. What kind of idiot would have bought Amazon at it's 52-week high of $15.93?
That’s a real apples to apples comparison to present day Nike, lol!
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