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GNC Holdings Inc. Message Board

  • instinct009 instinct009 May 10, 2011 9:24 PM Flag

    May 10th, What happened?

    Hi just looking for some reasoning on behalf of GNC's drop today I am stil a firm believer that this stock has the potential to at least meet up with VSI in the upper 30's, my assumption today was because GNC just came off its 52 week high and has a strong first quarter people were taking their profits and splitting out. The technical analyis for the SMD for a period of 50 days wasn't even phased by todays results even though it lags on prices, as well the EMA wasn't even really affected as some previous sell offs on GNC. Any reasoning?

 
GNC
45.60-1.26(-2.69%)Apr 23 4:00 PMEDT

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