Paying $19 billion for a company with 55 employees and very little revenues. Classic. Like paying the value of a farm for the tulip bulb "Semper Augustus"--the Dutch will understand the reference.
When it takes out the 200 day moving average less that $0.5 away, it should run up quickly. A technical breakout.
NIKE PE ratio only 23. Buy UA at PE of 40, maybe. Not at current 70 times.
PE (trailing) now 70. At $75 might be a better value.
Think a move to high $30s or low $40s may happen soon. Major 200K big block accumulation (accumulation because it occurs on upticks).
Someone fouled up.
The message boards were really bad today.
I would avoid it for now. Buy it at $36-37, if it gets down there.