NKE joke STRUGGLES for 11 PUNY PENNIES gain = CRASH coming!!!
in the face of yet another strong DOW rally, this awful NKE doggie effectively IGNORED it, as it has IGNORED every single notable DOW rally this year. MASSIVELY BEARISH!!!!!!!
And when you consider that Old Baldie, aka Cramer, the DISINFO weasel king has been pumping this trash almost every day, via his DISINFO TV channel and his DISINFO financial rag, then, in reality, the NKE performance has been LESS THAN AWFUL this year.
Ladies, I don't give a hoot about the fundamental cheerleader NONSENSE offered up by the slimy fund DISINFO shill known as Old Baldie and his DISINFO partners in crime, I only pay attention primarily to TECHNICALS.....and the NKE TECHNICALS are THE WORST I have seen in any SICK stock in YEARS...not since Molycorp, have I seen such TERRIBLE TECHNICALS, and the FATALLY WOUNDED Molycorp COLLAPSED last year from 80 to 6 in a heartbeat.
If you only hold a pure long position in this pathetic NKE donkey....if you got SUCKERED into ultimately WORTHLESS call positions, particularly at 52.50 or 55.00, you best close them out before their INEVITABLE WIPE OUT, and replace ASAP with shorts....in the money PUTS.....and the safe, out of the money WRITTEN calls.
Just as I pounded the table more than a year ago to warn Molycorp BAGHOLDERS of the CRASH that hit that FATALLY WOUNDED penny junk.....I am now pounding the table to warn that NKE TECHNICALS are SCREAMING.....CRASH COMING, CRASH COMING, CRASH COMING, at any moment!!!!! The NKE TECHNICALS are BEYOND MEGA MEGA MEGA BEARISH!!!
Live and learn from your intellectual superiors, ladies, live and LEARN!!!!