re: Nike hit it&#39;s 52-week high today

Posted by Trump_Gump

Member since Sep 2018

332 posts

Posted on 9/14/18 at 11:36 am to tmjones2

Nothing really matters until Nike reports their revenue and earnings per share next quarter.

People that have never looked at the stock market in their life are trying to make inferences based on one week’s worth of stock movement.

This post was edited on 9/14/18 at 11:37 am

Posted by JuiceTerry

Roond the Scheme

Member since Apr 2013

40868 posts

Posted on 9/14/18 at 11:59 am to Trump_Gump

quote:
People that have never looked at the stock market in their life are trying to make inferences based on one week’s worth of stock movement.

As opposed to the people they are making fun of, who used one day's worth of movement to declare some kind of strange victory

Posted by geauxbrown

Louisiana

Member since Oct 2006

27181 posts

Posted on 9/14/18 at 12:25 pm to Vecchio Cane

quote:
Shoulda bought last week

January 2, $67.21
April 5, $69.59
June 15, $75.84
June 29, $79.68
Aug 8, $80.50
Sept. 4, $79.83 ( I bought here)
Sept 13, $83.47
1:12 Today - $83.18

Nike had been trending upward since the start of the year, right along with a ton of other stocks. I don't believe the football player and their new commercials had as much to do with it as being a part of a bull market.

Posted by Trump_Gump

Member since Sep 2018

332 posts

Posted on 9/14/18 at 2:04 pm to geauxbrown

That’s wishful thinking

Analysts upgraded nike’s valuation after the ad.

Posted by geauxbrown

Louisiana

Member since Oct 2006

27181 posts

Posted on 9/14/18 at 2:10 pm to Trump_Gump

quote:
That’s wishful thinking

Analysts upgraded nike’s valuation after the ad

Yep......... I was hoping for more surge. My point was that it had been steadily inching up all along and even with the "Kap Bump" that all the libs are raging about, it's really just continued to move at about the same rate as the months prior to the "Bump"

This post was edited on 9/14/18 at 2:10 pm

Posted by NC_Tigah

Make Orwell Fiction Again

Member since Sep 2003

138529 posts

Posted on 9/14/18 at 2:21 pm to geauxbrown

quote:
My point was that it had been steadily inching up all along and even with the "Kap Bump"

Indeed.

Posted by Fourteen28

Member since Aug 2018

1156 posts

Posted on 9/14/18 at 2:23 pm to bigman334

Muh anthem

Posted by CDawson

Louisiana

Member since Dec 2017

20183 posts

Posted on 9/14/18 at 2:23 pm to bigman334

quote:
buy NIke stock today

Why would anyone celebrate a company that pushes a false narrative that its country of origin is evil and oppressive?

3 ...

Posted by Trump_Gump

Member since Sep 2018

332 posts

Posted on 9/14/18 at 2:41 pm to CDawson

Why? It’s a good investment so your money doesn’t get eaten alive by inflation in your piggy bank.

This post was edited on 9/14/18 at 2:53 pm

Posted by Trump_Gump

Member since Sep 2018

332 posts

Posted on 9/14/18 at 2:51 pm to CDawson

The ironic thing is that Nike is in the S&P 500 which most 401ks and IRAs have exposure to so if you have a 401k, you’re probably invested in Nike.

Posted by sugar71

NOLA

Member since Jun 2012

9967 posts

Posted on 9/14/18 at 3:05 pm to JuiceTerry

quote:
As opposed to the people they are making fun of, who used one day's worth of movement to declare some kind of strange victory

Including their leader who claimed Nike was 'getting killed' in the market due to 'anger' & ' boycotts'

This post was edited on 9/14/18 at 3:17 pm

Posted by Esquire

Chiraq

Member since Apr 2014

14762 posts

Posted on 9/14/18 at 3:24 pm to CDawson

quote:
Why would anyone celebrate a company that pushes a false narrative that its country of origin is evil and oppressive?

Because we like making money?

Posted by BBONDS25

Member since Mar 2008

59265 posts

Posted on 9/14/18 at 3:30 pm to Esquire

quote:
Because we like making money?

Then why would you be against corporate tax cuts?

Posted by Esquire

Chiraq

Member since Apr 2014

14762 posts

Posted on 9/14/18 at 3:33 pm to BBONDS25

quote:
Then why would you be against corporate tax cuts?

I'm not. I'm a conservative. I just don't melt about Nike or Kap, which I guess makes me a lib in your eyes.

Posted by bigman334

Member since Jul 2013

2417 posts

Posted on 9/18/18 at 4:52 pm to geauxbrown

quote:
Your broker sucks if he's telling you to buy now.

time for you to change brokers dude...

Posted by TopJimmy

Heart of Dixie

Member since Nov 2011

1354 posts

Posted on 9/20/18 at 10:54 pm to bigman334

Never grab for a falling knife.

If you buy in time on the way up you are a genius. If you buy after it's way up you are a dumbass. That's not political, that's sound advice. I missed out on the NKE surge, I'm ok with that. They had enough exposed about sweat-shop practices the libs will hate them as soon as Kapernick shaves his afro and runs for office. (bookmark this post - it will happen)