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Trump and NFL boycott

eeyore1954 said:
You support Kaepernick even though he will take money from a company with that record.
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Good point. Maybe I should say I support why he knelt during the anthem. Though it's possible he doesn't really know about Nike's record.

If I had to be against everyone who supports, through endorsement or purchases, Nike or any other company with a poor labor track record, I'd have to be against everyone including myself. It's not easy to define what crosses the line.
 
acbytesla said:
Hey, I was never going to buy Nike. But I want to thank Prestige and The Big Dog for bringing the stock to my attention. I made $500 this week on it. I love to jump on stocks that drop for stupid reasons. Eventually people figure out it was stupid and the stock returns to where it was trading. Wish I bought more.
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Prestige and The Big Dog mentioned in passing that Nike stock had plummeted in value by a whopping 3%. So naturally, you rushed right out and bought roughly $15,000 worth of shares.

And now, one week later, you're lighting cigars with hundred dollar bills.

Sounds legit.
 
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Slings and Arrows said:
Prestige and The Big Dog mentioned in passing that Nike stock had plummeted in value by a whopping 3%. So naturally, you rushed right out and bought roughly $15,000 worth of shares.

And now, one week later, you're lighting cigars with hundred dollar bills.

Sounds legit.
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I was tempted to do the same, but was too busy. It is not a bad way to buy quality stocks on the cheap. I almost bought some Delta when they were getting hammered for beating up their passenger, but my wife was against it. And airline stocks in general are more risky than most other major brands.

I mentioned in the Tesla thread why their recent dip doesn't fit this model. But that's probably going a bit too far off topic here.
 
Slings and Arrows said:
Prestige and The Big Dog mentioned in passing that Nike stock had plummeted in value by a whopping 3%. So naturally, you rushed right out and bought roughly $15,000 worth of shares.

And now, one week later, you're lighting cigars with hundred dollar bills.

Sounds legit.
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A 3 percent drop in a good company with good financials is usually a good buy.

I don't smoke. And I haven't sold yet. The stock could easily fall again. It wouldn't be the first stock I've bought that went up and down in price. Bought 2 lots at $80.20 ..now selling at $83.00 I'm debating hanging on through the Christmas season or selling in the next week. There are a few other stocks I'd like to buy.
 
Dr. Keith said:
I was tempted to do the same, but was too busy. It is not a bad way to buy quality stocks on the cheap. I almost bought some Delta when they were getting hammered for beating up their passenger, but my wife was against it. And airline stocks in general are more risky than most other major brands.

I mentioned in the Tesla thread why their recent dip doesn't fit this model. But that's probably going a bit too far off topic here.
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It takes a bit of guts to buy when the stock is falling.

If I'd had any real courage I'd have bought call options instead of buying the stock. But the options market is scary. At least to me.
 
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Slings and Arrows said:
Prestige and The Big Dog mentioned in passing that Nike stock had plummeted in value by a whopping 3%. So naturally, you rushed right out and bought roughly $15,000 worth of shares.

And now, one week later, you're lighting cigars with hundred dollar bills.

Sounds legit.
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Mentioned in passing? Yeah, like Trump crowds in red-state rallies mention in passing, "Lock Her Up! Lock Her Up!"

They figuratively shouted in glee that the stock was trashing and that an overnight on-line poll showed a public relations disaster in the making.

But you want to turn it into an attack on acbytesla's credibility. Kinda a sad world you live in, there, having to run interference for everyone in your tribe.
 
acbytesla said:
A 3 percent drop in a good company with good financials is usually a good buy.

I don't smoke. And I haven't sold yet. The stock could easily fall again. It wouldn't be the first stock I've bought that went up and down in price. Bought 2 lots at $80.20 ..now selling at $83.00 I'm debating hanging on through the Christmas season or selling in the next week. There are a few other stocks I'd like to buy.
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Yeah, 3% is hardly a falling knife.
 
Segnosaur said:
All due to trumps economic policy I'm sure.

Sent from my LG-K121 using Tapatalk
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Probably some of it.
Nov 11 2015 63.71
Nov 11 2016 50.77
Nov 10 2017 56.09
Yesterday 83.5?

ETA: Then again it also rose substantially during President Obama's terms.
 
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eeyore1954 said:
How many times do you think that happened in the past? Many times I am sure.
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How many times right after the pathetic right wing tried to harm their business to teach 'em a lesson?

How many times after sad sack conservatives on this board and in the media tried to make an object lesson of the one day impermanent dip in their value?

Not many times, I assure you.
 
Remember early on how companies were afraid of Trump trashing them in a Twitter post? Boeing for example?

Nice to see his power slip away.
 
Can't understand why anyone thought a boycott of Nike by Trump supporters would have any effect, they make trainers not jackboots.
 
eeyore1954 said:
Re: Rise in Nike stock...
All due to trumps economic policy I'm sure.
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Probably some of it.
Nov 11 2015 63.71
Nov 11 2016 50.77
Nov 10 2017 56.09
Yesterday 83.5?

ETA: Then again it also rose substantially during President Obama's terms.
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I was being sarcastic. I used the phrasing 'All due' to Trump to falsely (and hopefully humorously) give credit to Trump's policies for everything.. The fact that their stock rose during Obama's term, and seems to be growing despite (or because of) the Kaprenick controversy suggests that even if Trump's policies of giving money to the wealthy tax cuts might have had some effect on stock prices, its probably only a small factor.
 
Segnosaur said:
I was being sarcastic. I used the phrasing 'All due' to Trump to falsely (and hopefully humorously) give credit to Trump's policies for everything.. The fact that their stock rose during Obama's term, and seems to be growing despite (or because of) the Kaprenick controversy suggests that even if Trump's policies of giving money to the wealthy tax cuts might have had some effect on stock prices, its probably only a small factor.
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The market is doing great. But it is really misleading to judge the economy solely on the market. The job market since Trump too office hasn't really changed. Wages are still flat. But the rich got a tax cut. And because of the skyrocketing deficit, Trump froze the wages of Federal workers.
 
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