He just does not own to much... lol. It is not overheated. Google is overheated... look at the numbers.
This will break out. Overall the company is so strong. Yesterday confirmed it and huge contracts next couple years. I would not be surprised to see 110 pre, 115 day. I said last night at 5pm it would hit 109 pre trade and no one believed me. Do not dump to early and be foolish. Remember it was down almost 2% so really it is only up about 1.5% on AMAZING financials. She has another 3-4% gain today to be news worthy.
Sentiment: Strong Buy
you know very little. nike sells shoes (the best) but also has many other apparel venues, and other sports equipment. did you listen to CC ??? I doubt it, the only low spot was golf equipment. which is understandable.
NKE sells out America!!! NKE hires slaves and cons sports teams into displaying its shoes. Shoes. Shoes. Shoes.
Shoes. Just shoes.
The dying president of Nike admitted it was a scam, since the company's shoes were harmful to the ankle and foot. Read it in black and white in the book, "Born to Run," by Christopher MacDouggal.
It's pretty sad that America has devolved into a country that worships shoes made by slaves in southeast Asia.
You know what is funny is that Icahn's stock, IEP, is trading almost exactly at it's 52 week low during this "overheating". So what does that say for him? And according to yahoo finance, IEP's Current P/E is N/A - LOL
110 calls expiring tomorrow were bought aggressively by someone in big money today about 45 minutes before close, 2 orders same time sweeps. Small amount of 112's also. Not expecting them to fade the gap tomorrow... No target just sayin'
Why are "currency adjusted" metrics only used when the dollar is strong? Carl Ichan is right. The roll-your-own earnings parade is out of control.