I have $500, is this a good buy?
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I just started to becoming a millionaire!
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Phoon1981 : Good bye
Aspiring_Millionaire OP : looks good bye indeed
MoneyManyMan : This company has been established for yearssss and any other corporate theres up and down… i bought Purestorage when it was 9 bucks… look at it now…
Capital Gains : so many better places for faster returns., I dont think youll lose money if but dont think youll make much in a year. I down own any shares of nike but i am a huge fan of nike.. Hopefully works out but they are barely making money off their products right now stuck in a spot if they increase price anymore not enough will buy and at their current price the products are costing them to much to make..... They could find other suppliers but most likely will hurt their quality.. good luck
103706768 Capital Gains : Did u even read their report? Its not a production issue, its a sales issue. Nike zonned out all their sub retailers during covid and is making alot of ulgy shoes right now. All they hv to do is sack the ceo then get those sub retailers back into contract and dismantle their DEI team so collaboration products dont look like crap. The bar for their next earnings is very low, if its better than expected nike will go back up.