Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
  • neobliviscar
    NKE after hours anyone? Drop from 110 to about 96. Gee, inside info on earnings? Buy sub $95 on after hours dip? How low does it go?
    6/28/12
    Reply (40)
    • Bob de'Long: Swoooosh
      6/28/12
    • Mercy Jimenez: Neo I'm watching NKE also; I'll buy on a good drop AH -- otherwise I'll wait -- suspect I'll get another shot again before end of August.
      6/28/12
    • neobliviscar: I got stuck some & dumped most of it 4 loss on the first dead cat bounce, having been to this NKE dance before. I may be buying after hours.
      6/28/12
    • DaLatin: Last 1/4 the bugga popped on earnings an minutes later tanked on guidance. Nailed the sell at 4:01 By 4.15 down 4%. EU & US slowing,so,??
      6/28/12
    • Mercy Jimenez: Good to bear in mind DaL.
      6/28/12
    • neobliviscar: Someone had the info weeks ago, so I am expecting neg guidance. Just not sure where to buy. I was so neg on NKE at $110. Now I'm not sure.
      6/28/12
    • DaLatin: 1.37 expected.I can see them making the # ,but, they can't guide 2 optomistic ,so, guess thats why its down 1.5% Anticipation.
      6/28/12
    • neobliviscar: Wow. Look at that drop.
      6/28/12
    • DaLatin: Big earning miss and small sale miss. As touted,, global sales drop..
      6/28/12
    • neobliviscar: Average price of buys is 88.63. This will be a long personal hold, going in with the WAG bought the other week.
      6/28/12
    • Mercy Jimenez: Well I wasn't expecting a 10% drop!! Think I'll wait for the panic sellers tomorrow to kick in and/or buy a small lot tonight.
      6/28/12
    • neobliviscar: Yep. Had that thought too. Kept a little powder dry and may average down further. The insider trading on NKE disgusts me.
      6/28/12
    • DaLatin: 86 bucks.This kinda fits with other retailers on high end,but, also on dollar store guys got hit.I'm big 4 a recession in mid 2013. gotta b
      6/28/12
    • DaLatin: Took a shot @ 86.20,but,buy orders started dissapearing from screen fast. I took a 87.05 bid. Its Gone and seems luck rules as in 85s now.
      6/28/12
    • Mercy Jimenez: Its actually at $84.40 and still dropping! I'm still watching!
      6/28/12
    • neobliviscar: Looks like I should have taken the past 45 days off. Worst stretch since 2008. Not really that bad, but I'm normally Mr. Consistent.
      6/28/12
    • Mercy Jimenez: Glad to hear you got shaken up a little -- sharpens our game :-)) BTW added entry investment bloc of NKE @$84.82 AH; will add more on dips
      6/28/12
    • neobliviscar: MJ: Nice buy sub $85. Yes, I am a bit off my game after great 2011. USO, ESV, & MCD up up, so today may not be a loser w/ my NKE position.
      6/29/12
    • neobliviscar: You are already in the easy green and maybe should bank some quickly with a smile.
      6/29/12
    • Mercy Jimenez: Yes, I booked $1 ps on NKE and left some $$ on the table, but had to tend to Oslo -- which no one on StockTalk seems to care about -- LOL
      6/29/12
    • Mercy Jimenez: Norwegian Kroner (NOK) is up >2% against USD riding coat tails of EUR although it has little connection! Glad I added when it was cheaper.
      6/29/12
    • DaLatin: gonna touch 90 today,but, not patient !
      6/29/12
    • neobliviscar: MJ: Why Norway? One of our favorite LPs in the fund is a smartie Cambridge MIT type with family and property in western Sweden. He is there.
      6/29/12
    • neobliviscar: ..now and tries to tempt us to visit. We'd like to see Norway too. Sadly, work gives us little vacation except around Christmas-N.Years.
      6/29/12
    • Mercy Jimenez: Fiscally responsible player=strong currency diversification;lots energy related plays I know very well; most transparent disclosure exchange
      6/29/12
    • Mercy Jimenez: e.g. already charge penalty for HFT wash sales; send email alerts for all transactions; 3 am ET open allows for some arb on high vol US ADRs
      6/29/12
    • DaLatin: MJ, NOK releases today. They will miss and 1.50s ??
      6/29/12
    • DaLatin: Never mind. Senior moment;; currency not phones....lo siento
      6/29/12
    • neobliviscar: Good argument.
      6/29/12
    • Mercy Jimenez: TY anyway, DL; do like to play scalping w/ you on earnings release so will take a look -- but Norwegian NOK=no resemblance 2 other NOK-- LOL
      6/29/12
    • DaLatin: MJ, senior moment as shown above.. I remember our talks on currency and I opened an account during Olympics and have money there ! :>)
      6/29/12
    • neobliviscar: If you have any tricks on Japanese yen, I'd love to know. As a minor hobby, I've long purchased and sold Jap art. USD < 100yen is killing me
      6/29/12
    • neobliviscar: The exchange rate spreads just get bigger and bigger on a % basis, making anything other than a large purchase or sale impossible.
      6/29/12
    • Mercy Jimenez: DL are you still holding some YUAN? I still hold a little but gains not like 2010-1011; still like some for cash diviersification
      6/29/12
    • DaLatin: Lots of skeletons shortin Japan bonds/currency.All home grown debt ! All be it alot. Japan is1of2 biggies in current SDR 38% & US 42% STRONG
      6/29/12
    • DaLatin: Yes, I opened a BOC account in Panama City. Had to close H/K account in April as BOC in NY had link ! All US ties gone. Freedom....
      6/29/12
    • neobliviscar: Go... NKE... go. I made $900 pocket change shorting options and covering this morning. Stock is almost to my purchase. DL said $89 good call
      6/29/12
    • Mercy Jimenez: Sigh of relief Neo, good companies don't stay down long -- especially on a euphoric day!
      6/29/12
    • neobliviscar: Wow. Actually in the money. I am going to sell the $90 July calls on these for $2.15 and see if I can't capture more return there.
      6/29/12
    • DaLatin: And it did get to the 90s.. No guts....... Coulda been 8 bucks.. heartbroken
      6/29/12