LNKD dropped from $250 to $140 when reality set in.
Z will drop in a similar fashion........only a greater percentage.
The Federal Reserve is so far behind the curve that's it's ridiculous.
For them to say there is no sign of meaningful inflation is absolutely absurd.
The FED has ALWAYS been behind the curve.
Wait and see.......we will see hyper inflation.....and it will come out of nowhere, when they are not expecting it.
There are ALWAYS unintended circumstances to artificially messing with financial markets.
And you are about to see the circumstances that the FED NEVER considered possible.
You are going to see a crash like you've never seen before......and VERY FEW will be prepared for it.
Funny how history repeats.
Eventually....it all does come back to fundamentals.
You longs so easily forget the tech wreck of 2000.
....in an economy where the GDP is shrinking?
I highly doubt it.
Home sales and home prices have peaked, wages are stagnant, and the GDP is falling.
This economy is headed back in recession.
NKE sales will slow, and this stock is headed to the 60Ss.
This thing is under MAJOR DISTRIBUTION today.
It's DOWN from here.
If NKE wants into the Yoga business, they certainly don't need LULU to get into it.
They can enter that market themselves......they don't need to incur LULU's debt, and all those stores.
Pffft......NKE doesn't need LULU.
NKE has been slowly selling off all day.
That earnings report wasn't nearly as good as everyone says it was.......and the big money knows it.....and they are exiting the stock.
Don't be the last one to know.
Even Morgan Stanley pulled their price target off the board.
I wouldn't be thumping your chest too hard there, sport.
NKE is WELL OFF ITS HIGH for the day.
It's DOWN from here.
I SHORTED it and bought PUTS when it was $79.00 this morning.
You be best served to get out now if you're long.
In their note to clients, they said the stock was good, but they cleverly pulled their price target.
That doesn't show much confidence.
This stock is overvalued, overhyped, and EXTREMELY OVERBOUGHT.
It is a NO BRAINER SHORT......SHORT IT AND BUY PUTS.
You can thank me later.
Go ask the posters on the EMES board about my SHORT in that stock yesterday.
READ my posts, sport.
I'm completely out of this POS.
I covered my short, and sold my PUTS.
The profits are already locked in.
You didn't buy anything sport.
You're not fooling anyone here.
You just lost all your money in this stock.
You know something, sport.
You longs are funny. You sure love to dish it out, and bash the short sellers, when you are making money........but NONE of you cheerleading SHEEP are graceful when you're losing, or willing to be humble, and congratulate a short seller on a good trade.
You're nothing but a bunch of whining, cry babies.
Grow up, sport.
Only FOOLS buy for the "long haul"
As I said before....no wonder it's so easy taking money from you FOOLS.
LOL, .......didn't you read my post from yesterday addressing that very issue, sport?
And all these cheerleading SHEEP bashed my posts.
And now they're all losing money.
It means that I shorted it at $116.90........and bought PUTS at the same time..........NOT that I bought PUTS with a $116 strike price, you IDIOT.
I bought the JULY 115 PUTS.......see the volume of 112 today, sport?......100 of those were MINE.
Sheesh....seriously.....are all you SHEEP really that STUPID?
No wonder it's so easy to take your money.