NathanRobert
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they have more cash then debt and dont lose money, bankrupty is off the table but i get what you mean , they lost their growth, margins have collapsed and net income is down -33% YOY and the FWD PE on them is more expensive then META and GOOG , im saying this as a shareholder im not too happy but im being so carful to DCA more rn
$Nike (NKE.US)$revenue decreased, higher inventory compare to other. Biggest drop in of revenue in China. if you are buying a sports shoes, which brand do you choose.
$Nike (NKE.US)$ I recently visited Nike superstore on weekdays and weekend. There were hardly any crowds in the store. Never rest on your laurel. Innovation and understanding the market needs are critical.
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71542371
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Nike problems are all self inflicted. Fire the Board and execs, put in businessmen instead of activists, and the stock would double at the minimum. i mean they get something like 1000% mark up already, their shoes are over priced, and poorly constructed. They Fall apart faster than most brands. Yet people still buy them, imagine if half the population didnt hate them.
$Nike (NKE.US)$& Under armour stock prices are getting hammered. Wall street are predicting a world where humans will no longer wear clothing or maybe we will just buy something nasty from Temu being the pieces of crap we are…. Both stocks in the accumulation zone. Forever holds :) Edge in & keep adding the more they go down hopefully for another Q earnings so can really back the truck up
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