Under Armour Inc. (UA)

[realfast95]

$UA / $UAA big option alert sent out Thursday by Jon Najarian. August 4th 20.50 Call buyers in $UAA class. They paid $1

Earnings August 1st.


So that indicates sales were better than expected. Or that Stephen Curry new shoe is getting good feedback for the Oct rollout.

[buysell101]

Looking to build support here at the 50?

[nicehit]

Nice move the past couple of days. Looking to break the $24 level soon and settle $26.

[Rudy Gobert]

Thank you for your support.

I feel the love every game.

[BizMoney]

Nah I'm not

[Billydakidd]

Probably a good time to get in here 18.00's "The Rock" Dwayne Johnson is gonna snap them back to where this should be IMO He's got 85 Million followers. Advertised for them twice today on instagram already! Pretty positive comments.

[B-rad G from SLC]

Are you the guy that plays for the Utah Jazz

[Rudy Gobert]

Bought some today but my share av. is still 20 dollars.

More of a long term hold than anything.

Always been a fan of UA products.

[Xxmatty87xx]

I would trade UAA, way way more liquid than UA...

[Ownwallstreet]

I'm in. Stock will bounce hard over next few sessions.

[pack10]

I'm thinking the same thing. Is it time to jump in? Maybe under 19

[north40000]

CNBC just announced, 3:25, it will rebroadcast portions of Plank interview momentarily.

[north40000]

CNBC interview of Plank, today at noon, was good, IMO. About 15' in length. We continue to hold in our portfolios, slightly - .

[amc]

It's definitely looking oversold, would love to grab some that low but I don't think it will drop much more from here.jmo

[BigRich1984]

Not to my knowledge.. Although this is trading like a penny stock. IMO i think it has gotten shorted big time and scared investors jumped ship. Its like a falling knife. Who and when will someone catch it and at what price. Im guessing it might go as low as $15.00 maybe even $12.00 before a huge correction bounce of the bottom. Waaaaaaayyy Oversold at this point.

[amc]

Is the company diluting?

[BigRich1984]

I have not seen a stock get this screwed over since the oil industry drop a few years ago. People are way over selling/shorting this. I mean really a company has a bad year and all of a sudden bam down what 60% in 4 months. Waaaay oversold and unfortunately will probably drop even further. I would not be surprised if this goes below $15.00 then bounces hard.

[nicehit]

Seems like it, can't see this going down much further... should settle low 20's in couple of months.

[TheIcon]

Feel like this is oversold at this point. I get the bad news but...

[mr_sano]

Planks been selling lots of shares each year. He needs to stop his planned sales and hopefully not do anymore whacky splits that don't have voting rights. Product is good...but little of it is manufactured here in US so perhaps that is also factor with the recent election. I like them long term but what is happening now is not a simple correction.

[MCMarketShare]

Is the Options Market Predicting a Spike in Under Armour $UA Stock?
Today 8:39 AM ET (Zacks.com)Print
Investors in Under Armour, Inc. UAAneed to pay close attention to the stock based on moves in the options market lately. That is because the February 17th, 2017 $45 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?

Clearly, options traders are pricing in a big move for Under Armour shares, but what is the fundamental picture for the company? Currently, Under Armour is a Zacks Rank #3 (Hold) in the Textile-Apparel industry that ranks in the Bottom 17% of our Zacks Industry Rank. Over the last 60 days, 1 analysts has increased their earnings estimates for the current quarter, while no analysts has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from earnings of 3 cents per share to earnings of 4 cents in that period.

Given the way analysts feel about Under Armour right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Looking to Trade Options?

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[LuvSilk]

I think as Under Armour shareholders, we should start trying to introduce Kraig Biocraft Laboratories (KBLB) to UA... It's just what they need at this point in their growth cycle. Innovation of their clothing/shoes, and something that Nike and Adidas wouldn't have... If done right, it could bring UA to the top IMO...

[nicehit]

They said the same thing about DB when it a low of $11. UA should bounce into the mid/upper $20s by next qtr

[mr_sano]

Sorry to say more pain is likely coming

[nicehit]

Excellent buying opportunity that's all I can say.

All IMO.

[LuvSilk]

I'm very disappointed with Plank and this company... was expecting a lot more from them

[highstakes]

Sorry

[AnG5640]

No kidding! Jeeze.

[Xxmatty87xx]

Lmfao, i just lost all my savings

[highstakes]

And niw. Yuck

[highstakes]

Yet again

[highstakes]

Hope they did

[highstakes]

Next call? 18?

[highstakes]

Ouch

[highstakes]

What he say ? Im leaving and 2017 is down?

[highstakes]

Eewwww

[mr_sano]

Good products but I am not happy with the splitting of class shares. Also Planks planned sale are large which tend to subvert the share value. Long term it should be fine but plank needs to trim his selling.

[bigideaportugal]

I've owned UA for 7 years now and you just gotta roll with the punches!

I think you'll be able to buy at cheaper prices as I believe we can still see a low of $22-$24 with next months earnings.

If so,,, load the boat because the 2nd half 07 2017 will see a 50% increase!

[Brizdb]

What are y'alls predictions for UA in 2017. I got a $27 average with about $250k invested. I like the company I think they have a lot of very talented athletes under their belt. I am disappointed with the share price ATM.

Just curious on what other people think

[fishreplicas1]

Basically UA (formerlyUAC) is now non-voting shares...

UAA (formerly UA) shares have voting rights

The UAC shares were introduced earlier this year and passed out to share holders during split

my understanding is ....they will be used for future acquisitions etc...

[Mixelplix]

What's the difference between UA and UAA?

[Joe89]

Snuffles has been long but got stopped out:

Chart: http://stockaholics.net/threads/ua-under-armour-inc.226/page-2#post-36007

He is looking for a move higher though.


Longs, you in for a ride to $38?

[Xxmatty87xx]

Yes!

[AnG5640]

Looking real nice today!

[AnG5640]

Darn...missed it....

[fishreplicas1]

CEO up next on CNBC

[AnG5640]

Oh boy......... You're probably right!

[Xxmatty87xx]

People are buying UA right now thinking they are getting a discount, when really they are buying UA.C

[Xxmatty87xx]

Yep! It should be updated everywhere ... a little confusing for everyone

[AnG5640]

Mine too! Well, that explains why UA.C has no volume....