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Nike, Inc. Message Board

  • insect_insight insect_insight Dec 31, 2012 9:21 AM Flag

    pre-market is red = another awful week for NKE trash


    Even with the futures in the green, this MEGA-bubble is imploding pre-market......and its performance since its totally preposterous unwarranted split has been THE WORST I've ever seen in any stock in all my years trading.

    That is MASSIVELY BEARISH and as I demonstrated previously, it now has a MARKET CAP range of 51.00 to 53.00, with that top figure being the absolute SOLID WALL of RESISTANCE .

    So amateurs need to ask themselves: do I really want to own a stock whose greatest potential gain is merely 2.00 even as it potential DOWNSIDE RISK is some 51.00???? Answer: only the dumbest amateur idiot would assume a long bet in a stock whose DOWNSIDE RISK far far far far far outweighs its maximum potential gain.

    It's all about the technicals, ladies, and this NKE joke now has THE WORST ever.

    This topic is deleted.
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