Saw this headline elsewhere, and I did confuse it with Grok. Thanks for the clarification.
OT: Stock and Investment Thread
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Saw this headline elsewhere, and I did confuse it with Grok. Thanks for the clarification.
I’m shocked any kid prioritizes the Jumpman over the Nike swoosh. That Yankees jersey in the link screams brand mismanagement to me which, not for nothing, could be just one of the many poor decisions by Nike that has killed the brand. It’s the equivalent of New Balance trying to use Ohtani to sell lacrosse cleats. I also don’t think average people recognize the Jumpman as being a symbol of anything other than an oddly shaped logo. I’d love to buy the stock because I remember the glory days well but then again everyone in my household wears OnCloud now for comfort and style. Nike needs to steal some designs.
The average athlete is taking “Jordans” over regular Nikes every day of the week.
Very strategic move by NVDA. Also did it as a licensing deal presumably to avoid anti-trust interferenceDoes NVDA have enough cash for this purchase?
Never heard of it, but definitely a nice payout for Chamath et al.
Nike at these levels may be interesting. But it wouldn’t have hit a 5 year low if athletes really cared about Jumpman or Swoosh. Jordan sneakers are one thing. Jordan Jumpman or a basketball logo on the Alabama football gear shows poor brand management. CFP and coaches had a huge Nike basketball logo slapped on their chests.
I jumped into NKE with Jan 2028 $60 calls. Hoping for a steady rally as the company rebounds.
Remember, NKE was flying high and kicking butt through the pandemic. Its products were insanely popular. NKE did get killed by the competition. It got killed by suicide and the perhaps the dumbest CEO in the history of US industry. He decided to literally pull shoes from Foot Locker and brick and mortar stores to only sell online. ON, HOKA, filled the vacuum of NKE's absence, they didn't beat NKE head to head. Yes, its product got stale as it needed to deal with the financial chaos of its actions, but the new CEO is turning around the business in the US/NA and its new product line is selling well (China is next). They also have something ON and HOKA don't have - $70B in revenue and a marketing machine that is the most powerful in the sector.
2026 might be a slog, who knows, but the market is forward looking. The stock will take off well before the turnaround story is clear for all to see. Wish me luck!
Looking at the Silver chart it looks like a meme coin during a crypto pump. We all know what happens to them. I'm fearing that happening with metals.
+1Looking at the Silver chart it looks like a meme coin during a crypto pump. We all know what happens to them. I'm fearing that happening with metals.
Looks like GME from 2021. I am down to 1/4 of my normal GLD contracts. Trimmed Impala Platinum. I will buy the correction like a mo-fo, but need to wait until that happens.
Give Silver some credit, it's spiked like this long before Crypto came along. It more then 20x'd in the 70's, peaking early 1980.Looking at the Silver chart it looks like a meme coin during a crypto pump. We all know what happens to them. I'm fearing that happening with metals.
10x'd from 2001ish to 2011.
This run off the lows is currently about a 5x. Maybe this suggest more room to run?
How much more can it run? Something to consider is the 2011 top wasn't a whole lot higher then the 1980 top, and we are now more then a bit over that 2011 top. Maybe that suggests it is near the top?
And, along the lines of which you allude, in each of the previous 2 big silver runs, when the rug was pulled, the rug is pulled. It dropped 90ish% off the 1980 highs. More then cut in half off the 2011 highs.
Just looking at the chart, I tend to think it has more run. But I'm also thinking there is a big dip on the other side.
Yes that was the Hunt brothers manipulating the price of silver
Doesn't look overly criminal. They just bought up 2/3's of the worlds silver.
Not sure when they began the process, but Silver had a run early in the 70's, then another one late in the 70's. They were brought up on charges regarding their actions in 79-80.
Yeah, doesn't look good. Do you own CRM or ADBE? Lots of people talking about a software rally in 2026. I own NOW, but I keep looking at CRM and ADBE and just don't pull the trigger on them. Considering Jan 2027 calls.