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Nike, Inc. Message Board

  • bengraham650 bengraham650 Dec 23, 2012 8:57 PM Flag

    Insider dumping post earnings this week

    The Insiders sell every quarter after earnings. Theare really lucky to get such a high valuation at 21 PE before year end at the 2012 lower tax rate vs 2013 post cliff rate.

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    • actually this is rally good price for NKE but as cliff talks goes on...looks like there will be huge selling in this week before 31st and people might get another change to get in again. Its better to take the profit at low taxes for this year. As tax are going to increase in anyway. We might get better chance to get in after 31st Jan for sure but short term for sure I am seeing a big dip.

      Sentiment: Strong Sell

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