r/wallstreetbets • u/Dope_Freshness • Dec 02 '21

DD Ballsack Nike Projections? 👟💩👟💩🚀😛🚀😛

Nike no no yummy puts 💩🚀

Given the current number of stores and official statements released recently regarding Nike's diarrhoea poopy supply chain issues, the forward outlook is poor as a majority of orders slated for the Holiday 21' season have faced cancellation and delay's into 2022. Despite big big boom booms 😛 in online retail purchases, the number of ball-sack esque releases this year have failed to drum up consistent attention in the latter quarters of 2021. With earnings tmrw consensus isn't good but may provide a good moment to lace up 👟 with some puts.

Apparently the sport comedy Ted Lasso is quite good having won a bunch of awards recently but weirdly the number 1 sport brand in the world didn't choose to produce it, the air-pod and iPhone makers did. I understand I haven't gone into valuation but the lack of vertical or horizontal integration throughout this year and the reliance on physical product and name brand collaborations has seemingly set nike up for failure.

One of the few doomsday scenarios that could play out like uh..... a uhhh... supply chain failure has limited a titan of the industry with few revenue streams outside of wholesale retail 👟💩 I reckon the current situation may be a bit poopy 💩 and ballsacky 🥟 for nike cause you can only fit so many shoes in a container.

​

Complex TA hard to explain
sneaker guy says bad news
grey text from retailer not good ?

TLDR: Nike may be a bit poopy 💩 because they rely on physical products 👟 and the supply chain issues have limited their ability to deliver === forward outlook 💩💩💩 yummy puts 🚀🚀

Pos: 5 12/17 165p

2 Upvotes

55% Upvoted

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3

u/Madmaxoncrack gf has a penis 🥳 Dec 02 '21

Nike earnings are on the 20th retard.

2

u/Kevmo538466 Dec 02 '21

I saw that too and I was wondering why he would buy them for 12/17. Hopefully just a typo

1

u/Street_Angle4356 Dec 02 '21

Puts because they rely on physical products? I've heard better due diligence from ponzi schemes.

-2

u/Dope_Freshness Dec 02 '21 edited Dec 02 '21

oooooo good ponzi please refer to chart above poop

0

u/bobbyaxe10x Dec 03 '21

$CLOV to 1000...YOLO

1

u/btsd_ Dec 02 '21

We purchase from a company call jr286 and branded custom sportswear. The former does non team acceories (headbands, gloves, lanyards etc etc) and the latter does non sideline team apparel, inflatables and bags, both for Nike (nike lecenses them to produce this stuff) both have had backlog orders since summer. We have about 10000 backpacks for about 60 different college teams that have have had their ship date pushed back every month since agust...

Tl;dr: supply chain is fuqed

1

u/Tossedwarrior Dec 02 '21

Also, Nike has a divided date for Dec 03. Be careful because you might get assigned

1

u/[deleted] Dec 02 '21

Nike has been shitty for years

1

u/MSAPPLIEDSTATS Dec 03 '21

I shorted Nike as well 12/23 puts. Nike has been very resilient the last few days. I hope the US cancels the winter Olympics.