China was the only bright spot for this ABOMINATION of a company. It looks like even that farce is running its course and the world is seeing the light for what these mlm's truly are. Hello Below. I have had so many good shorts to play lately I have not bothered with this abomination but it may be getting close. BTW one of my favorite short plays of late has been VRX. Way over priced and due for a significant drop. even more to come imo but one must accept a lot of volatility. when the ftc shuts down this fraud the world WILL be a better place. Is it the worst thing in the world? No but it is a good start.
New members in north america down 17% YOY this quarter. Down 27% YOY last quarter. The ONLY way this pyramid continues to grow is to GROW the number of suckers buying in as distributors. World wide the new recruits are ALSO DROPPING. Down about 40,000 this quarter YOY.. This is a mature pyramid scheme with lots of up start competitors. Barriers to entry for start up similar scheme MLM's is NIL. CHINA is the ONLY bright spot and who knows how long that will last.?
is the new recruits. Basically still falling. This is a very mature MLM that has achieved its greatest pop in most markets outside of China. China is very hard to figure out what goes on there but I am very confident this and other MLM's are operating deceptively in that country. they need 2 million recruits a year to stay flat and they are NOT accomplishing that. New scam MLM's with copy cat products are always popping up and distributors can get in on the ground floor of these scams and have much greater upside potential. Best thing longs have going for them is short covering and that will only last so long.
Longs have had a nice run. So go the markets. I am now getting quite interested in this equity again on the dark side. Short cover rally may last a while though so patience is very important. I will wait and watch. Fraudulent business opportunity using Sugar Shake product scam at its essence but as I said before there are so many scams out there it is hard to choose.
ask about three years running declines in new members? Did he ask why MOJ is hiding from the press? Did he ask why revenues and profits keep falling? Has he upped target to $300 yet. Was he drunk?
i have no position in this stock and haven't for quite some time. Although if the fools run it up enough I may have to change that. So many scams out there and HLF is just one of many so I have lots of targets. LOL
north america -8%
asia pacific -22%
south central america -34%
China is the ONLY region up.
Catch a falling knife. LOL
China is a black hole. Who knows what is actually going on there. All MLM's seem to be doing well there at least for now. that can all change in a heart beat and probably will if they ever start enforcing their own laws.
and you will see AWFUL results. dropping sales. Dropping profits. Wonder how the recruitment machine is working out for new members. Key metrics This is a mature MLM that is losing its MOJO big time. China only bright spot no matter how they spin it.
for this faltering MLM is new recruits. DOWN 27% in NORTH AMERICA last quarter year over year. Not good and they key indicator this bloated pig has reached saturation. China the ONLY growth story and how long can that last? False business opportunities using Sugar shakes as the prop are getting harder and harder to recruit suckers into. From here she rolls over with or without serious FTC intervention.