103706768
Panda busy
:
Their Q3 earning was shit, no matter what outlook they post they will have to crash today. If they gave good outlook for Q4 market will crash them even harder cuz earnings dont lie.
103706768
Panda busy
:
Q4 black friday and christmas sale wont help much. They are gonna be in winter soon, no one buy sneakers inanticipation for winter, they wear snowboots. Nike/ footlocker and sportwear company strive during summer not winter, so not supprising their outlook is down
103706768 : Footlocker crashing nike will follow later.
liquidityHunter OP 103706768 : what is footlocker ?
103706768 liquidityHunter OP : Largest sportwear sub retailer in the world. They reported earning today and is crashing close to 20%
Panda busy 103706768 : You can’t stop them from trying to short themselves by publishing negative outlook news.
103706768 Panda busy : Their Q3 earning was shit, no matter what outlook they post they will have to crash today. If they gave good outlook for Q4 market will crash them even harder cuz earnings dont lie.
Panda busy 103706768 : So thanksgiving and black friday don‘t even bring them profit...then they really deserve it.May God not bless them anymore
103706768 Panda busy : Q4 black friday and christmas sale wont help much. They are gonna be in winter soon, no one buy sneakers inanticipation for winter, they wear snowboots. Nike/ footlocker and sportwear company strive during summer not winter, so not supprising their outlook is down
Panda busy 103706768 : Nice. Thanks for your analysis.
liquidityHunter OP : nice analysis but i dont trade fundamentals i trade technicals
152546040 103706768 : You do know NIKE is global yeah, and its going into summer in the southern hemisphere. I think they'll still sell sneakers.
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