Jul. 19 at 5:08 AM
$NKE Institutional investors bought 273 million shares in the last quarter, liquidating and drowning all the retail positions held between
$180 and
$53, liquidating their positions in a void on the chart. They want to push the myth that Nike was the loser of the World Cup. I mean, don't they ask themselves? All the apparel they sold for the tournament, all the brand visibility on TV, streaming, social media, etc. Billions! And the best part? Do you know how much our marketing and sponsorship costs us?
$0. Meanwhile, Adidas has to pay FIFA
$1 trillion every four years. Finally, regarding the final, I must tell you that Nike will indeed be present on the players' boots! Between Argentina and Spain, there are 14 players wearing Nike and 23 wearing Adidas! We'll be there at no cost and we'll be in all the photos! So, do you really think we're the big losers? Guys! Don't give away your shares to the clubs! And I ask CEO HL to buy back as much as he can, because we've already hit rock bottom
