On Holding AG
Long

ONON, Once rejected by NIKE, now coming for NIKE

161
ONON is a relatively new stock. However, the brand started in 2010 and it was actually even turned down years ago by NIKE years ago ( which I think makes it's emergence even better ) .

Today, I had a meeting with a builder I provide services for .He was wearing these shoes , had great things to say about them too . He's an very active guy , does 50 k bike ride daily . Then when I was buying gas on the way home the attendant had these shoes on too ! He is the opposite of my builder likes to go home and chill after work , watch tv , eat some snacks ect ect ( I normally chat with him when I buy gas ) ,The gas attendant said he loved the shoes too and that they were actually " the comfiest shoes he has ever had" . At this point I was realizing that today my trip into town potentially had a new unexpected purpose... I have had a list for the last week down to only 3 names and they were NFLX,NVDA and ONON. I was 99% set on NFLX to startup a new swing account dedicated to only one name at a time, these daily events actually enticed me to change over to ONON and I figured that was worth a writeup. I looked at the chart again in after hours and decided to take my first trade and commit to ONON.


The stock has the eps/sales and story and I think its a TML ... I'm excited and have some conviction for it now after today ...

I am hoping it does well , my criteria to trade it is that it must stay above the most recent GLB line , here it is shown in green .



This wiki article is a good one if your interested ...talks about NIKE part too ...

en.wikipedia.org/wiki/On_(company)

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