well, looks like weather is not cooperating so have returned early to educate my sweet NKE AMATEUR DOPES about why this pathetic DYING stock is trading in such a MASSIVELY BEARISH manner.
you see, ladies, even with a PHONY PUMP coming from The SheeheeheeiitDotCom, Old Badlie's infamous DISINFO vehicle, the NKE MEGA-bubble dropped through the floor today, and it will now DOWNTREND SHARPLY into JAN option expiration date, then set new 52 week LOWS, over and over again for the rest of the year.
When a sick stock like this NKE doggie DROPS SHARPLY following a pump, even a PHONY one by Old Baldie, that is indescribably ULTRA BEARISH....that means that, without the PHONY pump, the rotten NKE stock might have fallen at least one or two bucks today.
Ladies, every SMART pro out there has been buying in the money PUTS in this NKE MEGA-bubble, while WRITING out of the money calls (the safest being the 55.00 JAN calls, already priced to WIPE OUT WORTHLESS, since it is statistically next to IMPOSSIBLE for calls trading at one dime or lower to do anything except EXPIRE WORTHLESS).....and following today's SUPER BEARISH action, the 52.50 JAN calls are now also priced to WIPE OUT WORTHLESS, no ifs buts or maybes.
And if the AMATEUR airheads doubt me, well, again, ask yourself this one question ladies: if the pro funds were genuinely long the NKE derivatives, instead of WRITING most of these ultimately WORTHLESS NKE calls, then don't you think those same pro funds would have allowed NKE to rally along with the DOW during that recent 500 point climb???? Don't you think the pro funds, if they were truly long the NKE derivatives (which they OBVIOUSLY are NOT!!) would have allowed NKE to rally in synch with that 500 point DOW jump instead of having this NKE barf IGNORE the rise altogether the other day????
ANSWER: of course, Old Baldie and all his slime fund buddies are MASSIVELY SHORT the NKE derivatives, WRITING thousands of WORTHLESS calls while purchasing thousands of PUTS....and that is why Old Baldie repeatedly pumps this NKE doggie.....he is simply scamming the retail SUCKERS as he has done notoriously for ages, via TheSheeheeheeitDotCom and CNBCrapola.
Live and learn from your intellectual superiors, ladies.....live and LEARN!!!! This AINT rocket science, ladies, you only require an operating brain and the ability to see the MEGA BEARISH NKE REALITY for what it is.