Oh, I see. A hedge fund does a required 13D filing because it owns over 5% of Vitamin Shoppe and that means it is being bought out!? No. GNC moves as well? Crazy. Don't fall for this smoke.
To: Nomorehomes: What can I say, my brother. Business is Business. The annual card membership will help on the price as long as you shop frequently and purchase sufficient goods in order to cover this.
GNC has been a cookie cutter type of business where many of the stores look alike and stock the same merchandise concomitant to the fad of the day and what is selling, not necessarily what will enhance the health or professional athlete. (Of course the professionals will have their own sources regarding their acquisition of nutrients.) I used to go to GNC very frequently in the 1990's and early 2000's, but my attendance has faded along with my need for them since I obtain my supplements from another source.
I suppose that many of the sales clerks do try their best in order to understand the needs of the customer - and moreover the needs of the business along with the companies existence and their jobs. They, too, realize the need to fit into a business model in order to survive. At times, this is reason they may come across as pushy. They are probably just clerks as in Mc Donalds, and are paid similarly along with the need to understand and communicate a much more sophisticated and technical regimen of items they may not fully grasp at this juncture.
Oh really!/ I guess you have a crystal ball. Predicting a 10 point move on a handicapped stock - interesting. Let me give you a tip - do your research on this company. Look at the folks they just hired to advise them. Who do you think they are aligned with and what conversations are happening behind closed doors?
What a joke. Back alleys and side deals with government regulators. The old by network at its best. They taint their products from China, get caught and work out a deal!? What happened to their initial work showing GNC products were tainted with rice, powders, etc and contained NO active ingredients!? What happened to 4 AGs joining forces to go after this misrepresentation? OMG. Someone step up and put an end to this madness. These guys are a joke.
bounced back above $45 in AH, no surprise there... we shall see if the damage is already done, despite claims by the company that it didn't mislabel anything.
Nailed it to the floor. Massive breakdown today, forming the dreaded "mucous bubble top"
This crash is going to be both fast and long. We'll see if the support in the low 30s will hold.
nailed this thing to the wall, all over but the cryin' now, and hedge funds have way too much exposure to this damaged brand all of a sudden, expect a bounce back above $45 near term, but that's a great level to short imo... stay tuned
Without the card I feel like I am being raped on price. I think the salespeople work on commission because they want to sell you a bunch of #$%$ you don't need. The stores look dated. Finally, I get better prices from VSI. What is there to like except if I really really need something and I drive by one. I find it a struggle to get myself to go into their store. Sure I am not the only one who feels that way. Now I am learning I may not have even got what I thought I was buying.
GNC is the only company to be under investigation by the Attorney General. Having no efficacy based on their representations is appauling! People have bought supplements to gain a benefit. The fact that the company was selling items like Ginkgo and no Ginkgo was in the bottle is amazing! The lost trust that customers will have in the future will likely translate to lost revenue, profits and market share. I would not want to be long this stock anytime soon. You be the judge.