Nike (nke) And A Surpise Deal With Amazon - A Game Changer?

Discussion in 'Investment Charts' started by longtermbull, Jun 29, 2017.

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    Sep 4, 2017
  1. MikiStocks

    MikiStocks Member

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    I am mostly a day trader but would love to hear more about NKE as I find it very potential during my trading hours.
    Following.
     
    MikiStocks, Sep 4, 2017
    MikiStocks, Sep 4, 2017
    #11
    2. Sep 5, 2017
  2. longtermbull

    longtermbull Administrator Staff Member

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    Quite a bit of recent negative comment on Nike - maybe a buy on any further weakness? I still think the Amazon deal is a game changer in the medium to longer term. Will this cause issues with Nike's retail stockists, probably but Amazon sales could be huge in time.
     
    longtermbull, Sep 5, 2017
    longtermbull, Sep 5, 2017
    #12
    3. Dec 12, 2017
  3. longtermbull

    longtermbull Administrator Staff Member

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    Well well, looks like Nike is starting to move again, perhaps the deal with Amazon is finally being recognised? One to buy and tuck away?
     
    longtermbull, Dec 12, 2017
    longtermbull, Dec 12, 2017
    #13
    4. Jan 22, 2018
  4. longtermbull

    longtermbull Administrator Staff Member

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    Looks like the share price is moving ahead again. Perhaps we might hear an update on the Amazon deal in the short to medium term? It would appear that the market thinks that all is going well?
     
    longtermbull, Jan 22, 2018
    longtermbull, Jan 22, 2018
    #14
    5. Feb 9, 2018
  5. gowiththeflow

    gowiththeflow Senior Investor

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    Time to take advantage of short term market volatility and grab a few? The Amazon deal should start to kick in very soon and while on one hand margins will be down via Amazon channel, it will stop a lot of these copy products finding their way onto Amazon.
     
    gowiththeflow, Feb 9, 2018
    gowiththeflow, Feb 9, 2018
    #15
    6. Feb 19, 2018
  6. longtermbull

    longtermbull Administrator Staff Member

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    Nice bounce! I wonder when we will hear about progress with the Amazon deal? Surely it must be kicking in now?
     
    longtermbull, Feb 19, 2018
    longtermbull, Feb 19, 2018
    #16
    7. Mar 4, 2018
  7. Chartman

    Chartman Senior Investor

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    It does look as though the graph is maybe moving towards a possible head and shoulders but I still think Nike offers a very interesting long-term opportunity. It is a brand name which could never be replicated, well not with the same longevity, and the deal with Amazon may impact profit margins (to a limited extent) but it will certainly reduce the number of fakes on the market.
     
    Chartman, Mar 4, 2018
    Chartman, Mar 4, 2018
    #17
    8. Nov 16, 2018
  8. Chartman

    Chartman Senior Investor

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    I am not sure what to make of this graph now lol Can anyone help :)
     
    Chartman, Nov 16, 2018
    Chartman, Nov 16, 2018
    #18
    9. Nov 17, 2018
  9. longtermbull

    longtermbull Administrator Staff Member

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    Even though the price has fallen back it is still well up on the level when the Amazon deal was first announced. My only concerns would be US trade wars and the influx of cheap trainers and sportswear. On the upside, you pay for what you get and few can match Nike for quality :)
     
    longtermbull, Nov 17, 2018
    longtermbull, Nov 17, 2018
    #19
    10. Nov 18, 2018
  10. gowiththeflow

    gowiththeflow Senior Investor

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    Interesting situation this - a lot of the Amazon deal froth has been blown off the share price. If you were following the trend it would still remain a sell (for now). However, I have a feeling that the Amazon deal could be very beneficial in the longer term. Anything that reduces the number of fake good must be a positive move?
     
    gowiththeflow, Nov 18, 2018
    gowiththeflow, Nov 18, 2018
    #20
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