Was wondering during the last few weeks if I should sell. Glad that I didn’t. Looks like Nike stock has finally started its much awaited bounce back. Can’t be too sure though. Fingers crossed.
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Sometimes I feel Nike’s marketing team deliberately creates these controversies for publicity. :D
Athletes already complaining how s-xist and terrible the Olympic kits are, some even refusing to wear them. Nike stocks will be in for a wild ride post/pre Olympics for sure, sell while you can fellas
Those who are campaigning to sell might be the ones who sold all their Nike stock already… or perhaps Nike’s competitors. Wouldn’t they love to see the stock price go further down… lol.
All I’m saying is that we have no idea who is posting here and what their intentions are. I know, this includes me as well. :)
Our quarterly sales are good. Most of the new competition are still too small to worry too much about. The Nike brand still has a lot of value. If not employees, general public still believes in our brand - example - stock market is down today, but Nike stock is up. :)
Nike stock had a bad run for sure and it underwent a correction. It will bounce back.
By the time the Olympics happen none of us be with the company so enjoy the stocks, I guess. Whatever keeps taking your mind away from the layoffs starting next week.
I just bought 100 NKE. Let’s see! :)
Yall really need to sell. Either at the Olympics or the next holiday. But get out of this sinking ship.
Nike is on top, there is no higher “up”.
Especially since our visionless leadership has spent the last decade failing to leverage our market dominance to growth in new industries.
Our days of growth are behind us. If it wasn’t for the ESPP would you have bought NKE? Of course not. There’s a million better choices for stock picking.
True. I too was thinking about it, but didn’t want to sell at such low prices and lose money. Things are looking up for Nike stock after the upgrade from analysts last Thursday and the potential impact of the upcoming summer Olympics.
it will be between 120-140 by the time Olympics conclude.