It's too bad he doesn't have any money, a brokerage account or the ability to see the future.
If he was actually able to pull off what he described the stupid look on his face when he realized he lost all of his allowance would be almost as good as the stupid look on his face when he "won" on The People's Court".
He just like imitating noises hes heard other people make (hence tribute act). Short selling sounds like a cool term that he think he heard when he learnt the stockmarket when he watched the wolf of wall street.
I'm no financial genius, but isn't short selling borrowing money to buy something when its value is high, sell it, and then hope when the time comes to pay up that the value of said thing is now low, thereby making a profit? So if you wait for the price to fall before taking a short position and then hope the price goes up, you're doing it completely backwards and wrong?
Hmmm, who do I think has a better understanding of the situation? A fat old nothing, or Nike's army of marketers, data analysts, psychologists and cool hunters?
Hint: Joe, you're exactly who Nike's target market are rebelling against.
Exactly this. Apart from displaying an embarrassing misunderstanding of what a short sale is, stupid Joe seems to be labouring under the delusion that Nike relies on Midwestern boomers as customers.
Something ridiculous like 80% of Nike's sales come from 12 global cities (like Los Angeles, Tokyo, London and Barcelona) and their target demographic are 15-40 year olds.
I'm sure the 30 something female professionals who buy sports bras and running clothes and the 20 year old black guys who buy a new pair of $200 Air Max every week will never buy anything from Nike again now that Kapaernick is this quarter's poster boy.
21 comments
1 SueFuckedAnt 2018-09-07
FEED JOJO
1 Dr-Seepage 2018-09-07
The dimwit doesn't understand what short selling is
1 Woodaby 2018-09-07
It's too bad he doesn't have any money, a brokerage account or the ability to see the future.
If he was actually able to pull off what he described the stupid look on his face when he realized he lost all of his allowance would be almost as good as the stupid look on his face when he "won" on The People's Court".
1 Dr-Seepage 2018-09-07
He just like imitating noises hes heard other people make (hence tribute act). Short selling sounds like a cool term that he think he heard when he learnt the stockmarket when he watched the wolf of wall street.
1 Slateski 2018-09-07
I'm no financial genius, but isn't short selling borrowing money to buy something when its value is high, sell it, and then hope when the time comes to pay up that the value of said thing is now low, thereby making a profit? So if you wait for the price to fall before taking a short position and then hope the price goes up, you're doing it completely backwards and wrong?
1 TurningFrogsGay 2018-09-07
Even worse, he thinks he and his brother invented it.
1 Seba120 2018-09-07
idiot
1 PsychopathyRed 2018-09-07
That's good, proclaim to the whole world your plans for the stock market.
He's a fucking idiot of course - not a pedophile though - but you don't have a great idea and blab it to everybody.
1 buryonedeep 2018-09-07
It’s ok. It’s not a great idea.
1 itsnotpiss 2018-09-07
Is he thanking Ant for the idea or the allowance he's about to spend?
1 Jungies 2018-09-07
Hmmm, who do I think has a better understanding of the situation? A fat old nothing, or Nike's army of marketers, data analysts, psychologists and cool hunters?
Hint: Joe, you're exactly who Nike's target market are rebelling against.
1 McGowan9 2018-09-07
Exactly this. Apart from displaying an embarrassing misunderstanding of what a short sale is, stupid Joe seems to be labouring under the delusion that Nike relies on Midwestern boomers as customers.
Something ridiculous like 80% of Nike's sales come from 12 global cities (like Los Angeles, Tokyo, London and Barcelona) and their target demographic are 15-40 year olds.
I'm sure the 30 something female professionals who buy sports bras and running clothes and the 20 year old black guys who buy a new pair of $200 Air Max every week will never buy anything from Nike again now that Kapaernick is this quarter's poster boy.
1 johnajapanda 2018-09-07
Issue and apology
1 Hxcgrapes 2018-09-07
Can you put a loan against Joe’s weekly allowance?
1 dammitjenkins20cars 2018-09-07
Fucking retard.
This has been a run away success.
https://www.bloomberg.com/news/articles/2018-09-04/kaepernick-campaign-created-43-million-in-buzz-for-nike-so-far
The stock price is only going to go up.
1 SteveTech74 2018-09-07
He gets it
1 ncervo 2018-09-07
Why care this much about a shoe company
1 rbtlrdoftkyo 2018-09-07
Joe is a buffoon
1 SalesCunt129 2018-09-07
Joe Cumia is the Carl Icahn of Long Island with advice like that.
1 Billyassman 2018-09-07
Fucking IMBECILE.
1 winkleham 2018-09-07
Here's a retard: Joe Cumia