Bill Ackman’s firm purchase of so many NKE stocks signals end for JD.
When an activist investor comes in, the ultimate goal "will be replacing the person that sits in the corner office," said Art Hogan, chief market strategist at B Riley Wealth.
"And I say that because the template for that has been very clear this week in the form of Starbucks.”
Bye, JD. It’s best for everyone and shareholders have had it with you.
200m doesn’t buy seat at the table. We need 1B+ to kick JDs a-s back to the garbage he came from.
Bill is buying due to the valuation of our stock and hitting the support level at 70~. This means the selling pressure has exhausted itself.
The beginning of the solution : Elliot H, Eric S, TP, Gino F
This isn’t a social call. Ackman is far from the only hedge fund investment in Nike. They are here to can the ceo like at sbux. Sure Phil can resist but at that point they lose all credibility with Wall Street. Besides everyone benefits from a higher stock price even Phil.
If JD really does leave, I’d definitely be open to applying there again (after being laid off for no reason). If he stays, not a fu--ing chance.
he owns now less than 1% of nike s stocks available. Yes, it remains all in PK s hands folks
He's not going anywhere unless PHK decides it. Doesn't matter how many shares Ackman accumulates.
Bye bye JD
Another hedge fund Elliott capital has a much bigger stake of 27 m shares via ubs. These guys smell money to be made by installing new leadership and strategy.