Aug. 15 at 7:18 PM
$NKE That is exactly what I’ve been saying: institutional investors are quietly accumulating shares—buying bit by bit—while shaking out retail investors and riding the bearish trend. The turning point will come only when retail investors stop selling and the funds betting against the stock run out of cash. Growth is already underway; dividends are coming, along with a quarter that promises to be anywhere from good to spectacular. I hope management takes note of what I’m saying: buy billions of dollars' worth of shares right now! The price is incredible, and by buying now, they can average down their previous buybacks, resulting in a truly impressive, low cost basis for us shareholders. Beyond returning value to us, the company’s overall valuation will skyrocket. This is the exact moment—at rock bottom—when retail investors aren't buying; later, with the benefit of hindsight, they’ll be asking themselves, "Why didn't I get in then?" I am completely optimistic
