until they hit complete bottom in which company has been parked for few years with stocks around $4.00.
It is Deja vu but Nike is same slide and I have same feeling that I had when I was in UA.
With upper management clueless and losing a lot of time, it is eerily same thing that I saw at UA.
I hope that Nike is different UA but I just have a bad feeling that Nike will end up in same spot.
I mean respect this house was kinda catchy but thousands of businesses fail every year.
UA lasted longer than a lot.
Good observations OP. We thought it wouldn’t happen here because of our decades of experience and deep roster of athletes.
Guess we were wrong.
It is still a paycheck and benefits. Unless you make most of your income from stock benefits it won't really matter that much. If you have stock now and think it is headed for low single digits for a while then sell it now before it drops that far. If you think your job is at risk start looking for an exit now. It is much easier to find a job when you still have one...it just is.
@OP what’s that they say? Trust your gut, it never lies?