6/27 - "Under Armour, founded in 1995, at first appealed to the serious athlete with its moisture-wicking synthetic fibers that help keep sweat and moisture from the skin and help regulate body temperature during strenuous exercise. Under Armour then discovered it was unwittingly creating a fashion statement. Like Nike, Under Armour is also crossing over to various demographic groups and weekend warriors as well."
"Nike will hit about $20 billion of revenues this year while Under Armour should approach $765 million. Nike has a market capitalization of $32.8 billion, which dwarfs Under Armo...
Last week saw a good deal of action in the markets. The bad news is that even as we were excited to enter the long weekend and the Hamptons are starting to see more life and less clothes (so I am told). The bad news is starting to sink-in and the simple fact that the oil price “blip” is not such a “blip” is upsetting investors. If that wasn’t bad enough, the weekend BBQ now costs a gonsa-fortune! We stopped on the side of the road to pick up some watermelon and were shocked when we realized that it was $9 for ONE! So, one rib, on wing and one peach is all you get in 2008 for what is costs f
I know, I know, with the economy sputtering, why would you ever want to be invested in an apparel company that produces expensive jeans? Let alone have it recommended by a typically short-selling trader like me! But before I tell you the name of this stock that despite the obvious economic problems -- strong oil, weak housing and the dollar, mounting foreclosure, etc -- is sitting right near all-time highs, looking to break out, let's ...
Last week, I posted on three stocks that look interesting for potential purchase<!--more--> Mitcham Industries, Key Technology and New Frontier Media, that I am
currently conducting due diligence on. Although, I do not actively short in the portfolio,
here are three stocks for which I consider there to be significant downside
risk to their stock price over the next several months.
1)Standard Pacific (SPF)$5.13: I continue to be of the opinion that thiswill be the first large homebuilder (several smaller ones have alreadydone so) to potentially be forced into reorganization due to issueswith...
"VMware is a market leader in software virtualization. Companies typically do not use the full computing power of their servers, and when not in use, that server sits idle.
"Virtualization technology allows IT managers to use that underutilized capacity -- running software across the organization's entire base of servers. Thus, virtualization is a key cost-cutting technolog
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice ! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
I am continuing to work on a strategy to trade stocks on very short-term basis and also manage my underlying trading account in response to market action. I have allowed myself a single position for a "trade" with the strategy of buying a large position, which for me might be
UNDER ARMOUR is clearly cheap.The stock will rebound and grow and continue to grow as the year goes on. This is a stock I'm long into and have been in and out of making $$$ the recent low entry amazed me. I've watched this stock closely and has always been a favorite both in it's financial reward to me and a icon linked to sports, to everyday attire and even in all typed of commercial uniforms. Every time it dips close to it's recent lows I up my holding.
With the incredible volatility of the market (the Dow opened up down about 275 and closed up about 280 in the same day!), I decided not to sit with this sizeable position long-term. I sold 650 of my 800 shares, leaving 150 for a possibly longer-term holding, at $35.54/share. This was a gain of $.55/share or 1.6% since purchase minutes earlier. With a more-or-less successful trade, I shall keep the Under All shares in my Trading Account and treat them as a new position that has had one sale at a gain already. In other words, instead of waiting for a loss of 8% if the stock should decline...
A few moments ago I exercised my prerogative to make a trade with one position in my account.
I did this because the market appeared to be over-sold over the short-term, and was rallying into the close. Under Armor Armor (UA) is trading at $35.76 as I write, up $4.48 or 14.31% on the day. I purchased 800 shares at $34.99 just minutes ago. Wish me luck.
The short squeeze of the day has to be Under Armour (UA).
The stock started moving up on Tuesday, when it spiked above its 200-day average. But take a look at it today.
The stock is surging more than +12% intraday, on a huge spike in volume. What's the news, you ask? Pretty much nothing. There is no real news to account for the advance.
But a look at the most recent short interest figures sheds a little light. You see, the short interest in the stock was more than 43% as of June. That is a huge figure, and becomes very meaningful
Mr Plank, founder and chief of UA, has ambition. He is going to turn UA into the next sports merchandise behemouth, yet just look at the market cap of this company that is now synonomous with high-school sports around the US. It is still TINY. I know they do trade at a pretty high multiple, but their is a lot of value in their brand and they still have plenty of growth infront of them. There is huge international opportunity and opportunity in branching into new categories. When UA first entered the cleats business it did so by storm, taking almost 20% share of football cleats in their fir...
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About Under Armour Inc.
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I know, I know, with the economy sputtering, why would you ever want to be invested in an apparel company that produces expensive jeans? Let alone have it recommended by a typically 
