Does this company think every investor is stupid, I have owned this stock a long with a few other Fitness related stocks. How is it possible the CEO can say "we are pleased" with our results. This is another extremley poor Q3, the attrition rate does not mean they are doing a better job. It is still 3.8%. The member count decreases, average dues are dropping well below the threshold that is considered acceptable. How long can this go on. Reading baack at these posts it appears the downward trend started when key people left and that COO surfaced. How can these people keep there jobs.
Actually you are wrong, what are you reading. The company continues to lose members, reduction in dues while expenses go up. How can any logical investor or person with a brain think these results indicate the bottom has been met? Every single indicator points towards continued losses. The fact that you are replying tells me you are an employee, is your 100 shares worth anything. Look at LTM, this is a company clearly on the right track. Anyting else genius?