Is nike worth buying? It's down over 60% from all time high. Reddit is full on >um, actually it's still super overvalued. Don't touch thisIt's nike!!! Come on!!! Am I crazy? It's freaking niikkkeee! Half price. Why wouldn't I buy big bags and sit on them for 5 years?
>>61829497Are niggers suddenly going to come into money? Are they going to sign on new nigger idols? Is niggerball gaining in popularity?
>>61829497No.They don't have anyone left to buy 1000% markup shoes.It's over for them entirely.
Nigga this is still overvalued
>>61829497JUST DO IT, ANONJUST KYS
>>61829497they make garbage now, same as Pizza Hut. All they are is a brand name, there's no quality and their shoes don't even look cool.
>>61829497tim cook of apple bought a bunch of shares not that long ago. the products are good and some of them are stylish. it's a household name. be greedy when others are fearful.
>>61829497Nike has very unique problems. recent success lined up with the hypebeast sneaker phase hitting its absolute peak. people are not buying $160 nike shoes nearly as much as they were pre covid. the company was already arguably overvalued, then shot up because of a cultural phase. you're right in that Nike will inevitably exist and be a popular brand, but I'd worry about it never coming close to ath again
>>61833629Forgot to say but my point was that its risky for investing into. you can probably make good money trading it but you'd need to be tapped into sneaker/sport news
>>61829497if you hear whispers of stimmy checks load up then.