iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

NEW TREND

I spent the weekend completely immersed in all things basketball. Happy to be out of a gym and hopping on a plane to get back home this afternoon.

I’ve been talking about $UA recently, but I’m now convinced there is some pretty decent upside in this name after what I saw this weekend.

I’m sitting in an airport terminal ready to board soon for a short flight home, but I will give a detailed post this afternoon when I return.

OA

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19 comments

  1. Blackwolf

    thoughts on long $GMCR stock here at $46?

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  2. Chub

    I agree that UA struck gold with signing of Steph and Jordan Speith. But I have a ton of friends who are “sneakerheads” and seems like Nike still dominates that demographic. Nike has made great leaps in the casual and running segment

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  3. Blackwolf

    $UA looks splashy I wouldn’t above $85. I think the resistance at $95- $96 could be a problem area imho

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  4. Blackwolf

    $75

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    • djmarcus

      UA looks a lot like NFLX from ~1 month ago.

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    • Option Addict

      I’ll bet a testicle on that right there.

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      • Blackwolf

        my problem with that $UA trade is the double top at $106 / LS at $102 / RS at $98 and the low volume gap up in July from $89 to $95 which is now acting as resistance …..no bet but no action taken either way. just my take on it. I’ll tune in for your take on it. I’m still open minded.

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  5. k_melancon

    Bought some weekly TWTR 25.5 calls – at support here.

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  6. Jacked Rabbit

    You see this, OA? Josh Luber TED talk on the secondary sneaker market…http://www.ted.com/newsletter/weeklypreview

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  7. gudenaev

    Was just talking about this with a friend yesterday, very solid chance $UA has all of the major sport MVP’s under contract this year.

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  8. iommi

    Probably $UA has a lot of potential in US but i watch lots of European soccer and all the jersey contracts are secured by Nike and Addidas and then Puma as a third. I only remember one relatively top club with Under Armor jersey. Here is basically the clubs that account for almost all the soccer jersey sells worldwide:

    Manchester United: Addidas
    Manchester City: Nike
    Chelsea: Addidas
    Arsenal: Puma
    Tottenham: Under Armor
    Liverpool: New Balance
    Bayern Munich: Addidas
    Dortmund: Puma
    Paris Saint-Germain: Nike
    Real Madrid: Addidas
    Barcelona: Nike
    Juventus: Nike
    AC Milan: Addidas
    Inter Milan: Nike
    Ajax: Addidas

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  9. BigDaddy

    Hey OA,

    Still holding AAPL here? Hoping for 125+ by Christmas
    Thanks!
    BD

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