Nike Stock Hit An All-Time High Today

[O.iatlhawksfan]

I am not going to celebrate corporations co-opting social causes to sell products. Im good.

Yea but we can laugh at cacs

 

[Baka's Weird Case]

trumps somewhere like :donaldfrancis:

 

[Reality]

I’m not faulting them. I’m keeping it real. Nike is about corporate profits. They don’t do this unless they know they will profit.

I hear you breh but you act like Nike had some profit calculator / model where they just typed in what they were going to do, and it spit out how much money they would make doing it. It doesn't work like that. Most business decisions are bets with varying levels of confidence. Marketing and branding are especially nebulous in linking actions to financial profits.

Sure, Nike is about profits. So are all businesses, especially publicly-traded ones. At the very worst they made a business bet that they needed to side with young, urban people of color and embrace the values of those people. I'll never be mad at a corporation doing that - even if profit is the motive.

I won't get into whether or not this was purely a profit, business decision either. We've been operating under that assumption, but even that's fluid within corporations. Especially those dependent on younger consumers for success. Things can be a lot more nuanced and fluid than you might give people credit for.

I know bleeding heart types that went to work at Nike for cultural reasons. I'm talking people who were either going to work for Nike or go work for a non-profit and were asking themselves where they could have the biggest impact and came to the conclusion that Nike was where they could have outsized impact. Money talks.

There is a notion of corporate responsibility, and there are people inside these organizations that advocate for making values-based decisions by tying them to business objectives.

 

[Copy Ninja]

Cacs are the ones buying this stock and making more money

The movement got used

 

[G.O.A.T Squad Spokesman]

Cacs are the ones buying this stock and making more money

The movement got used

You can get 3 shares for a pair of J's. Nobody stopping nikkas from buying stock.

 

[BBG]

So nobody else gonna say it?

I hella read the title as "Nike shocks at a all time low"

I was like Vince Carter dropped the shocks like 10 years ago.

Still got these.

This whole post is corny fukk outta here with them bum ass kicks, shyts look like Lugz tried to make a gym shoe with "new" tech. The forgotten Nike ass nikka, know your history ass nikka,"Still got these " ass nikka them shyts are SNEAKERS my g. As in you better sneak and wear them bytches only at places you know the lighting will be trash cuz these shyts are p*ssy repellants. Half these bytches out here wearing retros and fresh 1's but you out here a proud owner of the first ever steel-toe gym shoe

you and vince can get the fukk outta here fam

 

[Hiphoplives4eva]

Well i did just buy me four nike sneakers last friday so...

Those are depreciating assets friend. Congrats, you played yourself.

Nah, just kidding. Enjoy the kicks. Us shareholders appreciate your business..

 

[Hiphoplives4eva]

Cacs are the ones buying this stock and making more money

The movement got used

Nike is currently $83/share. You can afford it right this minute. Stop acting as if only white people are allowed to buy stock.

 

[Cheech&Chong]

thats crazy, thats a lot of money

 

[G.O.A.T Squad Spokesman]

 

[Kaypain]

89% of Nike stock is owned by cacs

Dont give a fukk. As long as cacs are mad and Kap getting paid

 

[Gravity]

I'm all for Kaep getting exposure, but, damn, it's like NIKE help pass some pro-black legislation.


I'm not sure I agree (I'm torn), but, I hope my people aren't buying NIKE's crazy over this

As opposed to “buying Nikes crazy” just because, before the partnership with Kaepernick? Like Nike hasn’t been a staple in black culture for 30+ years.

 

[WMG the 2nd]

89% of Nike stock is owned by cacs

Them not the ones crying

 

[Copy Ninja]

Nike is currently $83/share. You can afford it right this minute. Stop acting as if only white people are allowed to buy stock.

I already own stocks of other companies so i am participating in the stock market. But the reality is that 84% of all stock ownership belongs to the upper 10% which is predominantly white. Even if i buy $5000 worth of stocks and get 10% return and have a nice $500, that pales in comparison to the return these white dudes are getting.

Point is, this thread is stupid. Whites are the reason this stock is up because they are buying it at a higher price. Kaep got used by Nike. At least he got some change

 

[WMG the 2nd]

trumps somewhere like :donaldfrancis:

He’s going to lie and say fake news or completely ignore this we know how he goes and his base will willfully ignore it