First of all. I have been on this board for years, this is one of the 3 times I ever posted
I have been in and out of this stock many times, sold out in the 70's and bought a week ago below $20 but on a day like today when just about everything is green and th "stock" is red. I just had to pull the plug. in this current market if the stock could be up $ .1 then to me it doesn't look good.
What were you THINKing when you bought the stock? Pretty weak analysis, huh?
Supposedly he waits obstinately ALL that way up for the stock to bloat ridiculously over $70. Then he waits tenaciously ALL that lonnng way down for the stock to bottom. He waits with iron discipline for the stock to recover over $20. Then, and only then he BUYS.
Now, after all that waiting, he sells after a few days when the first two helpings of good news in Many months fail to immediately springboard the stock.
What were you doing, "Today", throwing darts? And WHY tell anyone? Where's the punchline, the lesson, the newly acquired insight from tribulation?
Congratulations, you win my "Clown of the Day" award!
> "when just about everything is green and th "stock" is red. I just had to pull the plug."
Do, or pretend to do, whatever you like. Do I really believe that you "just had" to post to tell us why you sold after you hold no position? No, you would most likely be moving on to greener pastures - in silence.
If you invest for 1 day of returns you're an idiot. Come back in 3, 6, 12 months and be sure to update us on what a good/bad move your selling below 20 was!
When a company is cash flow positive (by a multi-million dollar margin EVERY quarter), buying back its own stock hand over fist, upgrading previous guidance, expanding internationally, has zero debt, has a much improved marketing campaign AND gets its first addition to an index (S&P 600) only an idiot would sell based on a single day - or week for that matter!!! Did I mention 50% or more of the outstanding float is probably still SHORT?
Give it up already, guys. The "longs" that are still here are not going anywhere anytime soon. We know the value of this company is much higher than $20 / share.
The longer shorts try to keep NTRI down the greater their risk - the tide has turned, the bottom is in. There are certainly much better short candidates out there than Nutrisystem at this point. Isn't it pretty close to time to book those profits and move on to greener pastures? Or, don't listen to me...sit here with your margin money tied up, losing a few percent each week for the next year...no skin off my nose!
no need to get personal. lol like I said I have been in a out of this stock.. when a stock goes from above $70.00 to below $20.00, I dont care how much you love the company. it's time to trade it, not invest. you tell me in a year how much you have lost by holding..
p.s as you can see I did not recommend by/sell or hold