Hope you didnt invest that day. Down 14 today.
Goodl bump
I did not, but it's hard not to after this latest move. I'm not actively putting money into my taxable account right now, so I might have to sell some other stuff to start a position.
I think they'll get the ship turned around and everyone has been down on retail, rightfully so. However, UA is a manufacturer and not a distrubutor, so Amazon can't put them out of business. ...right!?!
Reminds me of when Netflix increased prices to get rid of mailings and everyone when nuts. Or when rental car companies were hammered when all of the automakers crapped out, but they were actually rebuilding their fleets cheaply with discounted cars. I think UA makes good stuff and will be one of the apparel winners at the end of 5-10 years and is worth buying now.
The recommendations of DurangoCy are his only and do not reflect the opinions of CycloneFanatic. Past performance does not guarentee future returns.