What would St. Patrick's Day be without finding a way to help my readers wear a little bit o' the green?
Turns out that Adidas (OTC: ADDYY) is combining two of my favorite things: the classic Campus 80 gym shoes and Irish Rap pioneers The House of Pain. Yes, you read that right.
This afternoon in Cambridge, Massachusetts, Concepts will be releasing The House of Pain X Adidas Campus 80 to celebrate St. Patrick's Day.
Not only will these sweet shoes be available, but The House of Pain will be there to sign the collaboration shoes. Ladies and gents, if you could find it in your hearts and have an extra $100 ... perhaps you would want to donate a pair of size 12s to the Fightmaster Organization (an offshoot of the Human Fund).
All kidding aside, these are very nice shoes, and made me take a look at how Adidas is performing. Its shares trade Over the Counter (OTC) -- meaning via a dealer network, rather than on a major exchange because the company is small. A word of caution: Some OTC stocks are companies with bad credit records -- so make sure you perform your due diligence when looking at these firms, as you should with any firm.
Trading semantics aside, Adidas is struggling along with the rest of the economy. The shares started the year in the $20 region and are now trading in the $15 region. Combine this performance with the fact that these shares trade OTC and you may want to look elsewhere for an athletic firm to invest your hard-earned cash. Nike (NYSE: NKE) certainly comes to mind. The stock could very well benefit from a market bottom, as it is a leader in the retail sector. If retail is going to benefit from a market turnaround, watch for Nike to benefit as well.
All kidding aside, these are very nice shoes, and made me take a look at how Adidas is performing. Its shares trade Over the Counter (OTC) -- meaning via a dealer network, rather than on a major exchange because the company is small. A word of caution: Some OTC stocks are companies with bad credit records -- so make sure you perform your due diligence when looking at these firms, as you should with any firm.
Trading semantics aside, Adidas is struggling along with the rest of the economy. The shares started the year in the $20 region and are now trading in the $15 region. Combine this performance with the fact that these shares trade OTC and you may want to look elsewhere for an athletic firm to invest your hard-earned cash. Nike (NYSE: NKE) certainly comes to mind. The stock could very well benefit from a market bottom, as it is a leader in the retail sector. If retail is going to benefit from a market turnaround, watch for Nike to benefit as well.
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