2/24/25 :: VROCKSTAR :: 
NKE
dead money, bro.
- the trends are cooked
- jefferies upgrades this to buy and you r chasing it higher on a rough risk day/week/ setup?
- trades in the high 30s PE for no EPS growth
- you really going to wait in this?
-
DECK is hard enough to own, probably the only ownable shoe co at the moment when factoring returns, growth and valuation
- don't say i didn't warn you
- it's not a short, but in the context of it's market pair (NKE/SPY)... it's a short. if i owned it, i'd clear the whole position without even thinking twice and thank mr. jefferies for being the bag holding cheerleader. donkey iq upgrade.
- and fwiw, i'm not involved. just woke up at 4am to run thru names and did the shoe complex today
- so i'm running hot on coffee and with current POV
but hey. that's the market :)
i'm the other pair of glasses, usually always
V
NKEdead money, bro.
- the trends are cooked
- jefferies upgrades this to buy and you r chasing it higher on a rough risk day/week/ setup?
- trades in the high 30s PE for no EPS growth
- you really going to wait in this?
-
DECK is hard enough to own, probably the only ownable shoe co at the moment when factoring returns, growth and valuation- don't say i didn't warn you
- it's not a short, but in the context of it's market pair (NKE/SPY)... it's a short. if i owned it, i'd clear the whole position without even thinking twice and thank mr. jefferies for being the bag holding cheerleader. donkey iq upgrade.
- and fwiw, i'm not involved. just woke up at 4am to run thru names and did the shoe complex today
- so i'm running hot on coffee and with current POV
but hey. that's the market :)
i'm the other pair of glasses, usually always
V
Trade active
as we head into earnings you can either listen to Jordan in the comments below while you order a pair of the pink lebron sneakers to "support the cause" (idk which cause these days... nike supports all of them, so take your pick.)this stock is absolute trash. with the highest conviction,
AAPL is a more obvious buy. or if you're a billy ackman bro (hey! he likes uber - welcome to the klub bro)... you're be better off scanning for some of his other names and dumping this one before he hits the flush. the shoe game reminds me of the beauty/makeup game from 5-10 y ago where startups, new brands are just chewing up the living daylights out of the market leader which couldn't help but get stuck in it's own mud. i'm sure anything more charged i could write would offend. and honestly. i'd rather save you the $. so just have another look and ask yourself why hold a >30x PE for no growth and where you're in incremental share donor. unless you understand how this company will reinvent itself and it's something nobody else sees... you're just holding the bag. don't hold the bag.
V
PS - i'm short these results, even acknowledging so far retailers have posted legit year-ends. it's a hedge to my already covered
DECK position - which is a FAR better beta on discretionary. 5% fcf yields, growing DD.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.