Wall Street Manna
An irreverent look at Wall Street
Thursday, October 1, 2009
Nike resigns Vick
And speaking of NKE, remember when they missed numbers on June 25? The street hated that stock, but it was
on this blog at $50.55.
Now the stock is $64 and the street is all over it again.
Signing Vick is supposedly "controversial" now, but hasn't he already paid his penalty? That's why Phil Knight is 24th on the Forbes 400.
He doesn't need the public, or a Wall Street analyst to tell him when to buy.
And he's buying Vick's comeback.
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