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28
MisdemeanorRebel
2018 Sep 4, 11:32am
MisdemeanorRebel
2018 Sep 4, 11:32am
NIKE stock down 2.5% so far. Investors think stoking controversy a bad idea.
29
EBGuy
2018 Sep 4, 11:33am
Aphroman says
Well, it's gone viral, but not in a good way?
Following the announcement, the hashtags #BoycottNike and #JustBurnIt started trending on Twitter. Some angry consumers even posted photos and videos of themselves burning their Nike shoes and other gear to protest the company using the divisive figure in its 30th anniversary ad campaign.
Maybe he’s simply supporting his country...
Well, it's gone viral, but not in a good way?
Following the announcement, the hashtags #BoycottNike and #JustBurnIt started trending on Twitter. Some angry consumers even posted photos and videos of themselves burning their Nike shoes and other gear to protest the company using the divisive figure in its 30th anniversary ad campaign.
30
MisdemeanorRebel
2018 Sep 4, 11:40am
MisdemeanorRebel
2018 Sep 4, 11:40am
Nothing is more anti-American than supporting Vietnamese Communists whipping little children to make shoes faster in 19th Century Conditions, while running multimillion dollars ads celebrating an former NFL player for kneeling during the anthem.
31
mell
2018 Sep 4, 11:51am
TwoScoopsOfSpaceForce says
Yep -
Touche!
Nothing is more anti-American than supporting Vietnamese Communists whipping little children to make shoes faster in 19th Century Conditions, while running multimillion dollars ads celebrating an former NFL player for kneeling during the anthem.
Yep -
Touche!
32
Goran_K
2018 Sep 4, 11:52am
Goran_K
2018 Sep 4, 11:52am
Fuck globalist. Fuck their revisionist hollywood shite that I'll never go to see, and fuuuuuuuuck Nike.
Happy Monday!
Happy Monday!
33
Bd6r
2018 Sep 4, 11:53am
Bd6r
2018 Sep 4, 11:53am
Aphroman says
True. If they do not like Nike, just peel off Nike logo and use shoes as long as possible and do not buy next ones from Nike.
Destroying your own stuff is the work of the antiMENSA’s
True. If they do not like Nike, just peel off Nike logo and use shoes as long as possible and do not buy next ones from Nike.
34
MrMagic
2018 Sep 4, 11:58am
MrMagic
2018 Sep 4, 11:58am
EBGuy says
Nike should have also taken some advice from Dicks's Sporting Goods when they pulled AR15s from their stores. They forgot that Rednecks are the active ones, not the pudgy Liberals, and the Rednecks also buy other sporting products.
..."Shares of Dick's Sporting Goods plunged by more than 9 percent Wednesday morning after the retailer said it sold less merchandise during the second quarter than analysts were expecting.
Sales at Dick's Sporting Goods stores open for at least 12 months also tumbled by a bigger-than-expected 4 percent during the quarter.
https://www.cnbc.com/2018/08/29/dicks-sporting-goods-shares-slide-as-retailer-misses-second-quarter-sales-forecasts.html
What's with these CEO's, pissing off over half of their customer bases to make a political statement?
Nike should take some (most likely apocryphal) advice from Michael Jordan: Republicans buy sneakers, too.
Nike should have also taken some advice from Dicks's Sporting Goods when they pulled AR15s from their stores. They forgot that Rednecks are the active ones, not the pudgy Liberals, and the Rednecks also buy other sporting products.
..."Shares of Dick's Sporting Goods plunged by more than 9 percent Wednesday morning after the retailer said it sold less merchandise during the second quarter than analysts were expecting.
Sales at Dick's Sporting Goods stores open for at least 12 months also tumbled by a bigger-than-expected 4 percent during the quarter.
https://www.cnbc.com/2018/08/29/dicks-sporting-goods-shares-slide-as-retailer-misses-second-quarter-sales-forecasts.html
What's with these CEO's, pissing off over half of their customer bases to make a political statement?
35
Goran_K
2018 Sep 4, 11:59am
Goran_K
2018 Sep 4, 11:59am
Colin wasn't even a good football player, he was benched because he can't make more than one read before he dashes down the sideline like a running back.
If he was good he would be on an NFL team. This is absurd. It's like a 500 woman complaining she's not a Victoria's secret model, and kneeling (I know, use your imagination) in protest.
If he was good he would be on an NFL team. This is absurd. It's like a 500 woman complaining she's not a Victoria's secret model, and kneeling (I know, use your imagination) in protest.
37
mell
2018 Sep 4, 12:11pm
Dick move by Nike. They are free to do what they want wrt PR but investors will likely continue to punish the stock.
40
WookieMan
2018 Sep 4, 4:11pm
WookieMan
2018 Sep 4, 4:11pm
FortWayne says
If Nike is the going concern, you're going to need to stop using a whole hell of a lot of other products. Just sayin'
No more Nike for me.
If Nike is the going concern, you're going to need to stop using a whole hell of a lot of other products. Just sayin'
42
Patrick
2018 Sep 4, 9:06pm
Patrick
2018 Sep 4, 9:06pm
TwoScoopsOfSpaceForce says
That's a good start.
I wish I owned Nike so I could sell it like I did when Starbucks started getting too political.
NIKE stock down 2.5% so far. Investors think stoking controversy a bad idea.
That's a good start.
I wish I owned Nike so I could sell it like I did when Starbucks started getting too political.
43
Patrick
2018 Sep 4, 9:16pm
Patrick
2018 Sep 4, 9:16pm
I never short anything. There is unlimited danger in shorting. If you own a stock and it goes to zero, fine, life goes on. If you borrow a stock and sell it (ie, short it), you can be bankrupted if that stock goes to the moon.
I suppose I could buy puts in the options market, and hope the price falls below the put strike price.
I suppose I could buy puts in the options market, and hope the price falls below the put strike price.
44
Patrick
2018 Sep 4, 9:26pm
Patrick
2018 Sep 4, 9:26pm
TwoScoopsOfSpaceForce says
And 3.16% for the day. Investors are not happy that their money is being used to push a political agenda instead of to run a business:
NIKE stock down 2.5% so far. Investors think stoking controversy a bad idea.
And 3.16% for the day. Investors are not happy that their money is being used to push a political agenda instead of to run a business:
45
CBOEtrader
2018 Sep 5, 2:48am
CBOEtrader
2018 Sep 5, 2:48am
Aphroman says
Because the goal is to show how this ad campaign resulted in investor flight.
Any more 3rd grade questions?
Wonder why you picked a 5 day chart instead of a 6 month, YTD, or 1 year chart.
Because the goal is to show how this ad campaign resulted in investor flight.
Any more 3rd grade questions?
47
bob2356
2018 Sep 5, 8:07am
Aphroman says
That is pretty funny. The average trump voter uses sporing goods from carhartt and remington, not nike. Do the trumpets really believe that a 35 billion dollar company doesn't know who they are selling to and advertise to appeal to the customer base?
Oh the horrors! The stock has crashed all the way down to values not seen since....ten trading days ago!
That is pretty funny. The average trump voter uses sporing goods from carhartt and remington, not nike. Do the trumpets really believe that a 35 billion dollar company doesn't know who they are selling to and advertise to appeal to the customer base?
48
Goran_K
2018 Sep 5, 8:43am
Goran_K
2018 Sep 5, 8:43am
bob2356 says
We'll find out soon, down 3.2% on the market. Wonder why that happened all of a sudden?
That is pretty funny. The average trump voter uses sporing goods from carhartt and remington, not nike. Do the trumpets really believe that a 35 billion dollar company doesn't know who they are selling to and advertise to appeal to the customer base?
We'll find out soon, down 3.2% on the market. Wonder why that happened all of a sudden?
49
Patrick
2018 Sep 5, 8:53am
Patrick
2018 Sep 5, 8:53am
Aphroman says
Not for long. In fact, it was a 131 billion dollar company before this campaign.
It will be interesting to see what the market thinks of businesses that get distracted by politics.
Nike is a 127 billion dollar company.
Not for long. In fact, it was a 131 billion dollar company before this campaign.
It will be interesting to see what the market thinks of businesses that get distracted by politics.
50
socal2
2018 Sep 5, 9:15am
bob2356 says
You could say the same thing about ESPN and the NFL about knowing their customer base too.
How did that work out for them over the last few years with their SJW nonsense?
Do the trumpets really believe that a 35 billion dollar company doesn't know who they are selling to and advertise to appeal to the customer base?
You could say the same thing about ESPN and the NFL about knowing their customer base too.
How did that work out for them over the last few years with their SJW nonsense?
51
LeonDurham
2018 Sep 5, 9:17am
socal2 says
Just fine. Viewership is down a lot more in NASCAR--is that because of Kapernick too?
You could say the same thing about ESPN and the NFL about knowing their customer base too.
How did that work out for them over the last few years with their SJW nonsense?
Just fine. Viewership is down a lot more in NASCAR--is that because of Kapernick too?
52
MisdemeanorRebel
2018 Sep 5, 9:40am
MisdemeanorRebel
2018 Sep 5, 9:40am
Patrick says
I wish I shorted some South African stocks before the land grab was formalized earlier this year. The SA ETF Down 25% YTD
I wish I owned Nike so I could sell it like I did when Starbucks started getting too political.
I wish I shorted some South African stocks before the land grab was formalized earlier this year. The SA ETF Down 25% YTD
53
MisdemeanorRebel
2018 Sep 5, 9:41am
MisdemeanorRebel
2018 Sep 5, 9:41am
LeonDurham says
Well, if one sport loses viewers, then another sport must be losing viewers for the same reason.
Just fine. Viewership is down a lot more in NASCAR--is that because of Kapernick too?
Well, if one sport loses viewers, then another sport must be losing viewers for the same reason.
54
socal2
2018 Sep 5, 9:45am
LeonDurham says
The NFL lost more viewers last year than there are total NASCAR viewers. NASCAR (and alot of auto-racing) is pretty niche and has had alot of ups and downs if other leagues like Indy Car or F1 are having an exciting year. Whereas the NFL had a pretty rock steady viewer base until all the kneeling B.S. last year.
Golf ratings are rising this year thanks to Tiger Woods playing better.
Viewership is down a lot more in NASCAR--is that because of Kapernick too?
The NFL lost more viewers last year than there are total NASCAR viewers. NASCAR (and alot of auto-racing) is pretty niche and has had alot of ups and downs if other leagues like Indy Car or F1 are having an exciting year. Whereas the NFL had a pretty rock steady viewer base until all the kneeling B.S. last year.
Golf ratings are rising this year thanks to Tiger Woods playing better.
55
LeonDurham
2018 Sep 5, 9:53am
TwoScoopsOfSpaceForce says
Well, if there is a trend that all sports are losing viewers, then there might be something there, huh?
Well, if one sport loses viewers, then another sport must be losing viewers for the same reason.
Well, if there is a trend that all sports are losing viewers, then there might be something there, huh?
56
Goran_K
2018 Sep 5, 10:05am
Goran_K
2018 Sep 5, 10:05am
LeonDurham says
Not the NBA, where Adam Silver threatened to discipline any kneelers, in a league where pretty much every player supported the kneeling movement.
Well, if there is a trend that all sports are losing viewers, then there might be something there, huh?
Not the NBA, where Adam Silver threatened to discipline any kneelers, in a league where pretty much every player supported the kneeling movement.
57
MisdemeanorRebel
2018 Sep 5, 10:12am
MisdemeanorRebel
2018 Sep 5, 10:12am
You have to explain the drop off that exceeds comparable Big League Sports (ie NBA, NHL, NBA, not NASCAR) and at a pace disproportionate to the unplugging of cable.
UBS study shows Protests were the #1 reason tuner-outers gave for not watching the NFL
UBS study shows Protests were the #1 reason tuner-outers gave for not watching the NFL
58
MisdemeanorRebel
2018 Sep 5, 10:19am
MisdemeanorRebel
2018 Sep 5, 10:19am
It's interesting that Atlantic, Vox, and the "Missing Link" Media, along with the "Late Night Shows" immediately criticized, "Explained/Factchecked" (Left wing term for Tendentious Denigration and Dismissal) lampooned the Nike Boycott, but did not such thing re: In-And-Out Burger, which was far more ridiculous.
60
mell
2018 Sep 5, 10:28am
TwoScoopsOfSpaceForce says
Nike: Instead of bettering the conditions of our Asian slave-workers, we fight for multi-millionaire NFL kneelers rights!
Social Justice Slave Labor Shoe (tm)
Nike: Instead of bettering the conditions of our Asian slave-workers, we fight for multi-millionaire NFL kneelers rights!
62
LeonDurham
2018 Sep 5, 10:43am
mell says
Ah yes, I forgot. If you make a million dollars, you forfeit your right to protest. That's in the Constitution somewhere, right?
Nike: Instead of bettering the conditions of our Asian slave-workers, we fight for multi-millionaire NFL kneelers rights!
Ah yes, I forgot. If you make a million dollars, you forfeit your right to protest. That's in the Constitution somewhere, right?
63
LeonDurham
2018 Sep 5, 10:45am
TwoScoopsOfSpaceForce says
NASCAR drop is higher.
https://www.forbes.com/sites/davecaldwell/2018/05/02/stock-car-fans-continue-racing-away-from-nascar/#715d7491df56
"The Richmond race had a 1.8 rating and three million viewers on Fox, down 38% in ratings and 34% in viewership from the 2017 spring race there (2.9, with 4.6 million viewers) — and down 42% in ratings and 36% in viewership from the 2016 race (3.1, with 4.7 million viewers)."
You have to explain the drop off that exceeds comparable Big League Sports (ie NBA, NHL, NBA, not NASCAR) and at a pace disproportionate to the unplugging of cable.
NASCAR drop is higher.
https://www.forbes.com/sites/davecaldwell/2018/05/02/stock-car-fans-continue-racing-away-from-nascar/#715d7491df56
"The Richmond race had a 1.8 rating and three million viewers on Fox, down 38% in ratings and 34% in viewership from the 2017 spring race there (2.9, with 4.6 million viewers) — and down 42% in ratings and 36% in viewership from the 2016 race (3.1, with 4.7 million viewers)."
64
LeonDurham
2018 Sep 5, 10:50am
Goran_K says
If you say so...
https://www.breitbart.com/sports/2018/06/11/espn-takes-massive-ratings-hit-as-nba-finals-crumble/
"Worse, compared with the final game last year, the 2018 final game was down a whopping 30 percent over Game Five from 2017 (which itself brought 24.5 million pairs of eyes to their TV sets)."
Not the NBA, where Adam Silver threatened to discipline any kneelers, in a league where pretty much every player supported the kneeling movement.
If you say so...
https://www.breitbart.com/sports/2018/06/11/espn-takes-massive-ratings-hit-as-nba-finals-crumble/
"Worse, compared with the final game last year, the 2018 final game was down a whopping 30 percent over Game Five from 2017 (which itself brought 24.5 million pairs of eyes to their TV sets)."
65
socal2
2018 Sep 5, 10:50am
LeonDurham says
No - but that doesn't forfeit our right to call him, Nike (and their SJW fanboys) big fat hypocrites.
Ah yes, I forgot. If you make a million dollars, you forfeit your right to protest.
No - but that doesn't forfeit our right to call him, Nike (and their SJW fanboys) big fat hypocrites.
66
mell
2018 Sep 5, 10:51am
LeonDurham says
No, you can protest all you want in your free time - and even at work if your employer allows it. Most don't.
mell says
Nike: Instead of bettering the conditions of our Asian slave-workers, we fight for multi-millionaire NFL kneelers rights!
Ah yes, I forgot. If you make a million dollars, you forfeit your right to protest. That's in the Constitution somewhere, right?
No, you can protest all you want in your free time - and even at work if your employer allows it. Most don't.
67
LeonDurham
2018 Sep 5, 10:52am
mell says
So what does one's salary have to do with anything?
No, you can protest all you want in your free time - and even at work if your employer allows it. Most don't.
So what does one's salary have to do with anything?
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A Goddamn Canadian is saying the years of spending the equivalent of hundreds of billions of American (not Canadian, not Jamaican, not European) Tax Dollars was a "Global Achievement".
No it was the fuck not a Global Achievement. It was an American Achievement.