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BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,719
56,226
Never heard of it.

Let me guess. I'm fucked?

Opened at $8 halfed by the end of it's first reading day. It's at like $2 now and will probably drop to zero. Stocks been public for like 3 weeks and they're already doing buybacks.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
Opened at $8 halfed by the end of it's first reading day. It's at like $2 now and will probably drop to zero. Stocks been public for like 3 weeks and they're already doing buybacks.
Oh. I thought you were saying there was a negative podcast story about Under Armour. Like their COO just came out as trans and they were announcing a new non-athletic line targeting woke groomers.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
Opened at $8 halfed by the end of it's first reading day. It's at like $2 now and will probably drop to zero. Stocks been public for like 3 weeks and they're already doing buybacks.
Just looked it up. Crazy.
Sort of a dumbass time to do an IPO.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
I’m STILL watching it and several others. I think the market has a pretty significant pullback between now and the election.
Patience is a virtue that I occasionally lack. Haha.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
Nike (NKE) beat expectations on earnings and gross margin.

Sales fell 2% in America, but rose in every other region they operate in.

The stock is up 11% pre-market.

In 2022 they hit a high water mark of $177/share. It closed yesterday at $89; pre-market is at $99

Fuck NIKE and their woke Kaepernick bullshit, but UAA should see a nice lift from that tide.
 

Wild

Zi Nazi
Admin
Dec 31, 2014
90,131
129,715
Nike (NKE) beat expectations on earnings and gross margin.

Sales fell 2% in America, but rose in every other region they operate in.

The stock is up 11% pre-market.

In 2022 they hit a high water mark of $177/share. It closed yesterday at $89; pre-market is at $99

Fuck NIKE and their woke Kaepernick bullshit, but UAA should see a nice lift from that tide.
UA up almost 5% today. Nice.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
Markets aren't closed yet, but as of this moment my E*Trade account is up $1.71

Note: That's not 1.71%
That's litererally 1 dollar and seventy-one cents.

 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
Screenshot_20231017_120935.jpg

2 days in a row with a gap up for Under Armour.

Let's go!!!

 

Wild

Zi Nazi
Admin
Dec 31, 2014
90,131
129,715
Nasdaq tanking today. PENN getting hammered, down over 10% right now.
 

Wild

Zi Nazi
Admin
Dec 31, 2014
90,131
129,715
Yesterday was not a good day.

UA was up a tiny bit. Good sign to see them in the green while everything else was down.
Looks like Nasdaq futures are up this morning after Amazon beat earnings. It will be interesting to see if it will stay green til close. It’s in correction mode right now.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,657
59,542
Looks like Nasdaq futures are up this morning after Amazon beat earnings. It will be interesting to see if it will stay green til close. It’s in correction mode right now.
I don't know bro.
It still feels tippy. I hope it's in correction mode, but I can still see it going lower. I've paused buying entirely - just holding and watching.

As for AMZN - I bought when it dipped below $100 earlier this year. If this report was bad I was going to buy more if it dipped - but as you said...solid earnings report and it's up 6.5% at the moment to $127. I hate the big corporations as much as anyone, but if I can make money off their stocks IDGAF. Haha.