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re: Nike hit it's 52-week high today

Posted on 9/13/18 at 4:21 pm to
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
16147 posts
Posted on 9/13/18 at 4:21 pm to
New Balance, who dis?
Posted by bigman334
Member since Jul 2013
2417 posts
Posted on 9/13/18 at 4:22 pm to
depends on how much you invested..do you even market?
Posted by ProjectP2294
West St. Louis County
Member since May 2007
77836 posts
Posted on 9/13/18 at 4:22 pm to
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 by idlewatcher
Planet Arium
Member since Jan 2012
96761 posts
Posted on 9/13/18 at 4:22 pm to
quote:

Buy high. Solid advice. Good luck.


Leftist logic in it's purest form
Posted by pbro62
Baton Rouge
Member since May 2016
15302 posts
Posted on 9/13/18 at 4:22 pm to
Stock genius on here....too funny
Posted by geauxbrown
Louisiana
Member since Oct 2006
27177 posts
Posted on 9/13/18 at 4:24 pm to
quote:

depends on how much you invested..do you even market?


Dude, you just suggested we purchase NIKE at its 52 week HIGH...... and you're asking me if I play the market.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138521 posts
Posted on 9/13/18 at 4:24 pm to
quote:

What kind of idiot would have bought Amazon at it's 52-week high of $15.93?
One who understood PEG vs future outlook.
Put another way, one who would understand the vast difference between Nike 2018 and Amazon 2001.
Posted by geauxbrown
Louisiana
Member since Oct 2006
27177 posts
Posted on 9/13/18 at 4:25 pm to
quote:

One who understood PEG vs future outlook.
Put another way, one who would understand the vast difference between Nike 2018 and Amazon 2001


BOOM
Posted by bigman334
Member since Jul 2013
2417 posts
Posted on 9/13/18 at 4:26 pm to
apparently you dont...you dont buy stocks based on what you think it will do short term..stick to the pinks bro
Posted by geauxbrown
Louisiana
Member since Oct 2006
27177 posts
Posted on 9/13/18 at 4:28 pm to
quote:

apparently you dont...you dont buy stocks based on what you think it will do short term..stick to the pinks br


I buy low and sell high. You can look at it anyway you want, but at the end of the day, that's how you make money on market. Sorry, I just figured out you've been trolling this entire thread
Posted by bigman334
Member since Jul 2013
2417 posts
Posted on 9/13/18 at 4:29 pm to
so basically you're saying that if Nike continues to trend up, i'm an idiot even though im making money? hmmmm.. great advice
Posted by buckeye_vol
Member since Jul 2014
35379 posts
Posted on 9/13/18 at 4:30 pm to
quote:

Would you really go out and buy it now? You should have bought 3 weeks ago like I did. Your broker sucks if he's telling you to buy now.
Well hopefully his broker knows that $0.32, or less than 0.4% price rise over 3 weeks, doesn’t somehow make a good stock buy a bad one.
Posted by Dawgfanman
Member since Jun 2015
26294 posts
Posted on 9/13/18 at 4:31 pm to
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 by JuiceTerry
Roond the Scheme
Member since Apr 2013
40868 posts
Posted on 9/13/18 at 4:31 pm to
quote:

Still playing the short game eh? Good luck with that.

You really believe that ad is going to cause long term stock devaluation?

Because it won't
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 9/13/18 at 4:33 pm to
quote:

Nike hit it's 52-week high today


Looks to be an all-time high.
Posted by ProjectP2294
West St. Louis County
Member since May 2007
77836 posts
Posted on 9/13/18 at 4:33 pm to
quote:

Well hopefully his broker knows that $0.32, or less than 0.4% price rise over 3 weeks, doesn’t somehow make a good stock buy a bad one.


But it's less good than buying in when everyone else was selling.

If you like the stock long term and are intending to buy it, buying at the dip was definitely better than buying today.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 9/13/18 at 4:39 pm to
Nike could also be viewed as a solid buy from a dividend investment POV?
Posted by Jorts R Us
Member since Aug 2013
17493 posts
Posted on 9/13/18 at 4:40 pm to
quote:

One who understood PEG vs future outlook. Put another way, one who would understand the vast difference between Nike 2018 and Amazon 2001


So how much Amazon stock did you buy in 2001?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138521 posts
Posted on 9/13/18 at 4:41 pm to
quote:

You really believe that ad is going to cause long term stock devaluation?

Because it won't
That would depend on the outside chance it affects NFL or collegiate contracts. Time will tell. Regardless, customers turned off and changing brands with their next purchase were never going to show up before Christmas at the earliest.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17603 posts
Posted on 9/13/18 at 4:41 pm to
You seem to be the only bitch for having a broker
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