someone foolishly says shor nike on alpha article on yahoo
cheats want to buy nike cheap as they missed boat so want people to sell short to bring it down so they can buy cheap...nike is now going 130 plus in coming months and will split again in 1 yrs time...if results continue like this..super strong buy at 73
NKE does remain a short. China is not clicking for them and N.America and Europe
are facing jittery times, inventory built up is massive, and earnings report last quarter
is rosy due mainly to lower tax rates + lower share count + lower marketing cost.
In the next quarter, even a 10% price discount to move inventory can do the stock
EPS a lot of damage, and with a PE of 25 it becomes a risky venture. The author is
correct in concluding that this is AS GOOD AS it gets for NKE ... SELL
Read your post history and every post was an alert to the downside.
Nice try but if the budget wasn't an issue this would have hit $80 Friday.
The trend is your friend.
The more the world buys the Brand the more their friends will want it.
We get another stock split early next year, hang on for a high speed ride.