That whole comment about being a big fan of Under Armour - not as big of a fan anymore. I actually think they have a great product but wow - Kevin Plank...not a big fan. Mr. Plank recently decided to sell a boat load of shares 1.5 million and the stock went tumbling. Jim Cramer blasted the company and his word is golden to his investors - I think they followed suit.
So hence my fondness of the product is still there but I saw Mr. Plank in the hall two times last week and I wanted to tell him he blew it. Ehh what do I know he's the one that just cashed in $90 million of stock.... I'm sure he'd laugh at me on his way to the bank.
We'll see what happens in the next earnings call.
Friday, December 14, 2007
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