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Nike, Inc. Message Board

  • hangdown30 hangdown30 Mar 1, 2012 12:08 AM Flag

    Making a great run with no signs of slowing

    Nike is a best of breed with a huge huge potential for growth in international markets. For gods sake, there are riots still going on in America over $200+ dollar shoes selling out too fast. That is a fantastic sign of real demand and future growth.

    Some of you guys on here just crack me up with this "short Nike" or "Nike is too high now" or "rally long in the tooth." Nike is going up because it is a good company with a solid management team that knows how to innovate for the markets it already owns and knows how to successfully grow into new markets by using its athletes to appeal to a new user base. If you think Nike will not continue to succeed in the world, then it is obvious that you are not an everyday user of Nike products. People will pay higher prices to wear Nike shoes because they want the name recognition of a Nike shoe and the quality that comes with it.

    China doesn't want homegrown knockoffs anymore, they are becoming more wealthy and are demanding the real thing. China and India will be huge consumers of American brands in the future, and Nike is at the top of that list due to the increasingly sports-centric behavior of a middle-class world. Nike will continue to innovate in America as well, and appeal to a broader base by extending its casual line of Nike 6.0 to the non athlete, while continuing to innovate and appeal to the athlete with TECH products like Nike+ (which has a huge following and works fantastic) and FuelBand.

    Nike has had a great run but that is no reason to think it is a bad stock. You dont short companies just because they are getting recognition as a great company and their stock is steadily moving up. If you are calling for a broad market pull back, then there are plenty of other companies of less quality that are more leveraged to a market downturn.

    Dont cut your roses and keep your weeds. Stick with the best of the best.

    ps. I love knowing that there are people willing to continue shorting, that just means that the stock has even more room to move up when the shorts have to buy back those shares. Anytime everybody is on one side of a trade, things get crazy. Its good to know there are people still willing to lose money by betting against this company. From the 70s to over 108 in a year. Im sure some of you have shorted it the whole way. When this thing and the rest of the market takes a breather, you better bet that people will be rushing in to get on board this steady mover. Good luck, but beware.

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