Jun. 19 at 12:42 AM
$NKE $NKE is doing exactly what I said! The numbers don't lie! They're opening their eyes and the portfolio rotation has begun! With the conflict with Iran resolved, the price of our raw materials will drop sharply, the margin will grow, and the global economy will recover consumer spending! Nike never stopped being Nike. The online and offline markets are balancing out! New stores across all continents, the most recent being Converse in India and three in Argentina. Nike is back to thinking like it used to! And not only that, but the pie is already 15% smaller, guys. More than 200 million shares have been burned. I ask management to burn everything in their path at these prices, just like I told TF about Blackberry when it cost 3.2!!!! Nike deserves a base price of 92 right now, moving towards 130 in the short term.
