Under Armour Shares Falling

Anonymous
So, to summarize, OP has been waiting two years to say "I told you so" on DCUM?

Anonymous
Anonymous wrote:So, to summarize, OP has been waiting two years to say "I told you so" on DCUM?



no, to summarize, OP didn't realize how much he or she could have made if they invested when it was $7 a share 10 years ago like I did. I think he or is she basically saying they suck at stocks and they are even more of a fool for publicly announcing it.
Anonymous
The OP is full of it. On October 28, 2013, three years ago, UA stock closed at just over $20 a share. Today it is just under $31 a share, down from its high of about $ 51 in October 2015. If OP had started shorting three years ago he/she would have lost money. Yes, a recent short position would be in the money but not true if you look back more than one year.
Anonymous
Did the OP say that they shorted the stock?

It sounded like they were just saying that they didn't think UnderArmour would be a huge success on a national and global sale and that it's following is more of a regional thing.
Anonymous
Anonymous wrote:Did the OP say that they shorted the stock?

It sounded like they were just saying that they didn't think UnderArmour would be a huge success on a national and global sale and that it's following is more of a regional thing.


Original post makes the latter point.
Anonymous
Anonymous wrote:
Anonymous wrote:One has to admire Kevin Plank's investment in redeveloping Baltimore, it is an admirable pursuit. For that reason alone, I do wish Under Armour much continued future success.

http://www.baltimoresun.com/news/opinion/editorial/bs-ed-sagamore-20160324-story.html


Not quite admirable. Big debate over the deal the city is giving him. He's making money hand over fist thanks to shifting some risk to the city and their investment. He's building his own little kingdom for UA and developing the peripheral area in order to control the enclave.

Admirable would be investing in revitalizing the city without gentrification and displacement. Admittedly, nobody will be displaced from the area he is developing since it's essentially a wasteland. But let's be clear: his new piece of the city will be his own personal Disneyland---a high cost white enclave.

He's an excellent businessman, but there's nothing admirable about his development project. It's just business.


Well at least he keeps his business at home.
Anonymous
Anonymous wrote:The OP is full of it. On October 28, 2013, three years ago, UA stock closed at just over $20 a share. Today it is just under $31 a share, down from its high of about $ 51 in October 2015. If OP had started shorting three years ago he/she would have lost money. Yes, a recent short position would be in the money but not true if you look back more than one year.


No one does a multi-year short, that would be very risky. It would have to have been a more recent short limited to a number of days.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:One has to admire Kevin Plank's investment in redeveloping Baltimore, it is an admirable pursuit. For that reason alone, I do wish Under Armour much continued future success.

http://www.baltimoresun.com/news/opinion/editorial/bs-ed-sagamore-20160324-story.html


Not quite admirable. Big debate over the deal the city is giving him. He's making money hand over fist thanks to shifting some risk to the city and their investment. He's building his own little kingdom for UA and developing the peripheral area in order to control the enclave.

Admirable would be investing in revitalizing the city without gentrification and displacement. Admittedly, nobody will be displaced from the area he is developing since it's essentially a wasteland. But let's be clear: his new piece of the city will be his own personal Disneyland---a high cost white enclave.

He's an excellent businessman, but there's nothing admirable about his development project. It's just business.


Well at least he keeps his business at home.


Not exactly. Very few UA products are made in the USA...they are mostly manufactured abroad.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:One has to admire Kevin Plank's investment in redeveloping Baltimore, it is an admirable pursuit. For that reason alone, I do wish Under Armour much continued future success.

http://www.baltimoresun.com/news/opinion/editorial/bs-ed-sagamore-20160324-story.html


Not quite admirable. Big debate over the deal the city is giving him. He's making money hand over fist thanks to shifting some risk to the city and their investment. He's building his own little kingdom for UA and developing the peripheral area in order to control the enclave.

Admirable would be investing in revitalizing the city without gentrification and displacement. Admittedly, nobody will be displaced from the area he is developing since it's essentially a wasteland. But let's be clear: his new piece of the city will be his own personal Disneyland---a high cost white enclave.

He's an excellent businessman, but there's nothing admirable about his development project. It's just business.


Well at least he keeps his business at home.


Not exactly. Very few UA products are made in the USA...they are mostly manufactured abroad.


I thought that Under Armour made all of their apparel in Los Angeles, or was that another company?
Anonymous
People I know are boycotting UA after the big game photos came out.
Anonymous
Anonymous wrote:People I know are boycotting UA after the big game photos came out.


Aren't they hunting with bows?
Anonymous
Everyone is calling UA a buy. Maybe OP thinks he's some sort of Michael Burry wonder chimp.
Anonymous
Anonymous wrote:Everyone is calling UA a buy. Maybe OP thinks he's some sort of Michael Burry wonder chimp.


Or an ex employee with a grudge.
Anonymous
https://www.wsj.com/articles/under-armour-shares-slide-as-profit-declines-1485867071

Kevin Planck grovels to Trump a few weeks ago.

Shares down another 27% this morning.

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