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IBDvalueinvestin (99.67)

Tech genius people sweating with VMW should have bought NKE

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December 21, 2011 – Comments (2) | RELATED TICKERS: VMW , NKE

instead, yeah NKE is a slow mover but also won't fall -9.32 like VMW is right now.

NKE goes up nice and steady, posting strong EPS qtr after qtr.

Do any of you realise there is a futures Market for NKE and its showing a big gain for Christmas sales:

Futures Orders

As of the end of the quarter worldwide futures orders for Nike Brand athletic footwear and apparel, scheduled for delivery from December 2011 through April 2012, totaled $8.9 billion, 13 percent higher than orders reported for the same period last year. Changes in foreign currency exchange rates did not have a significant impact on reported futures orders.

 

2 Comments – Post Your Own

#1) On December 21, 2011 at 12:31 PM, IBDvalueinvestin (99.67) wrote:

Although NKE has had some Monster up Days as recently as June 28 when it went up to $89.90 after previously closing at $81.62

 

So there are days when NKE lights up some fireworks.

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#2) On December 21, 2011 at 1:41 PM, IBDvalueinvestin (99.67) wrote:

Wow NKE shares really ramping up in last hour now up +3/shr

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