2/24/25 - $nke - dead money, bro.

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