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Should I short NIKE stock tm?

Posted on 2/20/19 at 9:32 pm
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
39883 posts
Posted on 2/20/19 at 9:32 pm
Mostly tongue in cheek question, but with the negative publicity of Zions shoe blowing out in front of the entire US viewing audience, how do things like this effect stocks the next day?

Is it really an opportunity to short negative publicity?

Always wanted to know this.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40817 posts
Posted on 2/20/19 at 9:38 pm to
quote:

how do things like this effect stocks the next day?



Normally whatever I think, it is the opposite.

So I think it will go down.... Therefore it will be up due to all the publicity
Posted by thatguy777
br
Member since Feb 2007
2384 posts
Posted on 2/20/19 at 9:55 pm to
I would do the opposite. If it actually drops bc of this, buy when you think it is near bottom. Nike isn’t going anywhere. This seems similar to the whole papa j’s fiasco
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7345 posts
Posted on 2/20/19 at 10:35 pm to
I have no clue what you guys are talking about.

Ergo, the stock price of Nike will just follow the overall market.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 2/20/19 at 11:16 pm to
Zion busted through a sneaker at the beginning of the Duke/UNC game. Nike was overpriced crap yesterday and it will be overpriced crap tomorrow.... but it will still fly off the shelves and the company will be fine.
Posted by Suntiger
BR or somewhere else
Member since Feb 2007
32846 posts
Posted on 2/21/19 at 6:56 am to
I think it’s the opposite. If you think it will dip, you buy and wait for the bounce. See Starbucks bad pub in June/July of last year.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36744 posts
Posted on 2/21/19 at 7:15 am to
quote:

think it’s the opposite. If you think it will dip, you buy and wait for the bounce. See Starbucks bad pub in June/July of last year.

this is the right play
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41146 posts
Posted on 2/21/19 at 7:33 am to
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
39883 posts
Posted on 2/21/19 at 7:39 am to
TY all, this is why I enjoy the MTB 98% of the time
Posted by DVinBR
Member since Jan 2013
12926 posts
Posted on 2/21/19 at 9:42 am to
you would have had to hit it early pre market today
Posted by SulphursFinest
Lafayette
Member since Jan 2015
8708 posts
Posted on 2/22/19 at 3:00 am to
Nike isn’t crap lmao.
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