just created this group because the current price (11 1/2)
seems absurdly low and I find it a mystery. the price
started coming down in earnest after Nike was downgraded
for producing under capacity. That may be an insufficient
reason to demolish this stock. Vinik cut his stake between
14 and 12ish. That doesn't necessarily mean he knows something
negative. He may have just wanted to raise cash to buy some
cheap technology, or he may be suffering outflows.
So, if anybody cares to add information, share in the confusion,
please join in.
Shahar |
