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Kapernick Killing Nike Stock!
Posted on 10/10/18 at 8:21 pm
Posted on 10/10/18 at 8:21 pm
Nike was the biggest loser today @6.81% !!
LINK
Last week:
Colin Kaepernick Pushes Nike’s Market Value Up $6 Billion, to an All-Time High
Nike’s market value has risen by $6 billion since its controversial decision to feature former NFL quarterback Colin Kaepernick in its new ad campaign, CBS News reports. Shares are up over 36% for the year, nearly 5% just since the ad’s launch.
So does he get credek for crashing the stock too?
LINK
Last week:
Colin Kaepernick Pushes Nike’s Market Value Up $6 Billion, to an All-Time High
Nike’s market value has risen by $6 billion since its controversial decision to feature former NFL quarterback Colin Kaepernick in its new ad campaign, CBS News reports. Shares are up over 36% for the year, nearly 5% just since the ad’s launch.
So does he get credek for crashing the stock too?
10
Posted on 10/10/18 at 8:23 pm to ItzMe1972
Posted on 10/10/18 at 8:25 pm to ItzMe1972
Did he tank the whole market?
I gotta be honest, I don't think he had shite to do with anything today.
I gotta be honest, I don't think he had shite to do with anything today.
Posted on 10/10/18 at 8:28 pm to ProjectP2294
I don’t think he’s had shite to do with anything.
Posted on 10/10/18 at 8:29 pm to ItzMe1972
Who's laughing now Nike?
Posted on 10/10/18 at 8:35 pm to ItzMe1972
Maybe cause everyone supporting Crapernick is buying 2nd shoes.. 
Posted on 10/10/18 at 8:37 pm to ItzMe1972
his impact on the stock will be in december or january when they start seeing the impact on sales
i think it will hurt earnings for a long time but that may not mean much as far as the stock price up or down
what i mean by that is, lets say it shows to be the shite show disaster that we expect it to be, and assume its a $75 stock. profits and earnings expectations will be down, but the stock price may not change or even go up in spite of it.
that is because stock prices are just made up values based on lots of BS so it has a lot more then profitability or earnings that decide a stock price
just look at tesla, they started out bankrupt, they still are bankrupt, and they will never make any money because by the time they even get close to breaking even, another company will have done it better and cheaper they they ever can. yet tesla stock is valued at over $300 a share when it should be nothing more then a penny stock
i think it will hurt earnings for a long time but that may not mean much as far as the stock price up or down
what i mean by that is, lets say it shows to be the shite show disaster that we expect it to be, and assume its a $75 stock. profits and earnings expectations will be down, but the stock price may not change or even go up in spite of it.
that is because stock prices are just made up values based on lots of BS so it has a lot more then profitability or earnings that decide a stock price
just look at tesla, they started out bankrupt, they still are bankrupt, and they will never make any money because by the time they even get close to breaking even, another company will have done it better and cheaper they they ever can. yet tesla stock is valued at over $300 a share when it should be nothing more then a penny stock
Posted on 10/10/18 at 8:56 pm to keakar
Never liked or wore Nike
Posted on 10/10/18 at 9:04 pm to ItzMe1972
WNWI
Posted on 10/10/18 at 9:15 pm to ItzMe1972
All I know is that the Mrs bought two pair of New Balance today, and I bought one pair of New Balance and one pair of UA.
Posted on 10/10/18 at 9:31 pm to ItzMe1972
Biggest loser in what category? Nike is not a DJIA stock. I would imagine it is in the S&P 500. I doubt seriously that NKE was the biggest loser of any index.
Posted on 10/10/18 at 9:36 pm to ItzMe1972
All the melting Snowflakes bought all the Nike’s they could afford and had room in their closet but now the sales are finally responding to the independents and GOP who really need a pair of sneakers and they are........
NOT BUYING NIKES.............
Too bad Kap your time ae the Nike Man has come to an abrupt end......
NOT BUYING NIKES.............
Too bad Kap your time ae the Nike Man has come to an abrupt end......
Posted on 10/10/18 at 9:38 pm to coonasswhodat
Posted on 10/10/18 at 9:43 pm to LSU0358
I didn’t know that. It must have been added recently. My bad.
Posted on 10/10/18 at 9:44 pm to coonasswhodat
It was added in the last year or so when GE was taken off.
Posted on 10/10/18 at 9:46 pm to LSU0358
I googled it. Sept 2013 it was added. I had no idea.
Posted on 10/10/18 at 9:48 pm to coonasswhodat
quote:
I didn’t know that. It must have been added recently. My bad.
If you call over 5 years recent...
Posted on 10/10/18 at 9:55 pm to Deege
quote:
Never liked or wore Nike
I get fired up about these boycotts and then I get to looking at the companies I am supposed to stop doing business with and I realize I don’t buy there crap anyway. I have not bought Nike stuff since the 90’s. Yeti? Not since Rtic came out. Remington? Nope not since an 870 30 years ago.
Posted on 10/10/18 at 9:58 pm to LSUvet72
quote:
Too bad Kap your time ae the Nike Man has come to an abrupt end...
But...but... He sacrificed everything!
(Except that $25 million he banked away before he grew a conscience.)
Posted on 10/10/18 at 11:06 pm to ItzMe1972
First of all, anyone with any honesty will tell you that Nike was on the rise because they had a $12 billion stock buyback, and recently announced another $15 billion.
It looks like however, that a lot of people who didn't want to look 'racist' then, took this opportunity to dump Nike. Because they realized that Nike had pissed of half the consumer base
It looks like however, that a lot of people who didn't want to look 'racist' then, took this opportunity to dump Nike. Because they realized that Nike had pissed of half the consumer base
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