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JPPaverage

(508 posts) Tue Sep 4, 2018, 08:31 PM Sep 2018

0

I've got it. My road to getting rich!

Since Nike stock went down a lot today, think I'll buy up a bunch of their stocks at a cheap rate. That way, when the stock goes up again, as it will assuredly do, I can sell high. Maybe I can dupe, er, sell at the higher rate to trumpites.
My point is, Nike will do just fine in spite of today's drop. I believe they are going for a younger audience with the Kaepernick ad anyway.

5 replies

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I've got it. My road to getting rich! (Original Post) JPPaverage Sep 2018 OP

It's a good investment theory: Buy low, then sell high. :) nt JustABozoOnThisBus Sep 2018 #1

They have had some recent competitive issues and a purged 11 executives over sexual harrassment CentralMass Sep 2018 #2

Bought Nike Running shoes yesterday iamateacher Sep 2018 #3

Ooh, I should do that AnnieBW Sep 2018 #4

Unless you've got a lot of money SCantiGOP Sep 2018 #5

JustABozoOnThisBus

(23,354 posts)

1. It's a good investment theory: Buy low, then sell high. :) nt

Reply to JPPaverage (Original post)

Tue Sep 4, 2018, 08:36 PM

Sep 2018

CentralMass

(15,265 posts)

2. They have had some recent competitive issues and a purged 11 executives over sexual harrassment

Reply to JPPaverage (Original post)

Tue Sep 4, 2018, 08:37 PM

Sep 2018

back in May. However this could be a positive development.

iamateacher

(1,089 posts)

3. Bought Nike Running shoes yesterday

Reply to JPPaverage (Original post)

Tue Sep 4, 2018, 08:37 PM

Sep 2018

Glad I did.

AnnieBW

(10,437 posts)

4. Ooh, I should do that

Reply to JPPaverage (Original post)

Tue Sep 4, 2018, 08:43 PM

Sep 2018

I dumped my Sam Adams stock when their CEO hosted a fundraiser for Mango Mussolini.

SCantiGOP

(13,871 posts)

5. Unless you've got a lot of money

Reply to JPPaverage (Original post)

Tue Sep 4, 2018, 09:03 PM

Sep 2018

It might take a while to get Rich.
Their stock has been fairly stable in recent years, and it only went down about 3% today. So no windfall profits.

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