Posted on 01/25/2017 4:54:59 PM PST by OneVike
So GNC is down to 9.15 a share, it was up to 60.18 in Nov 2013. Last years high was at 34.58 in April, but has since slid into almost penny stock territory.
I understand that they are having trouble from theom;ine sales and all, but they are also running a Super Bowl add to help.
I guess even if the Super Bowl add helps temporarily it may be a smart move to buy at 9.15 to make a quick profit from the response they get off the add. Anyone agree?
By the way you all want a tip?
Try ATI, Allegheny Technology Inc.
I made almost $10,000 of ATI yesterday. It gained 6.1 on their shares, from Monday and I was able to make good on it. I purchased 1300 shares back in December when their stock was down to 15.93, and when it went up to 23.69 I made it big. I then sold 500 shares to keep the profit and I'll reinvest when the stock drops a bit. It did drop today down tar close to 21.88.
ATI engages in the manufacture of specialty materials and components for different industries which include aerospace and defense, oil and gas and chemical process, as well as electrical energy. Along with lower than expected losses and Trumps executive orders on the pipelines the stock rose. It was up to $117.00 a share back in 2007, but the crash and Obama's eventual cut backs caused the stock to fall down to a low of $8.25 in early 2016.
God is good, after Trump won found I began looking for deals, and I found this gem in December and purchased the 1300 stocks and I expect it to soar again eventually. In the mean time it has already given me a good return in the first week of Trumps being in office.
So anyone have any advice on the GNC Stock question for me?
Vitamin industry maxed out with hundreds of suppliers. Online stores how i buy mine. If they have a weak online presence, I’d hesitate.
Great points. You are correct about Malls losing bussiness and money
We should have a thread discussing what corporations and business sectors should boom under Trump.
I know it’s not that cut and dry but it is a good starting point.
And how will emerging markets do under Trump? Bad initially and then up? Or will they not take a hit?
What part of the oil business is good to buy? Machinery or the Exxons and Texacos?
The Banks? Will there be more or less merger activity and restructuring?
etc.
Stop. Back up. Never treat investing like a Hail Mary gambler. Make sure you have essentials taken care of before investing then invest into the broader market over a period of time. Never invest money in stocks you may need in the next 5 years. Day trading in your situation is asking for trouble. I wish you well my FRiend.
Stick with what you know. If you don’t know about nutritional products don’t buy stock in it. Most of the stuff is pure quackery and a high risk of getting lawsuits.
On common stock I NEVER permit more than a single digit decline from my buy price. I just don’t.
As we all know, it takes a 25% rise to make up for a 20% loss and about a 40% gain to make up for a 30% loss and a 100% gain to make up for a 50% loss.
But it (only) takes about an 11% gain to make up for a 10% loss.
Therefore; if you never allow more than about a 10% loss you never need more than (about) a 10% gain to return to breakeven, and let’s not forget, we have no real interest in breakeven.
You *CAN* if you prefer buy puts (with a total net delta equiv to your long stock position) on a stock falling from your buy price and thus “freeze” the money tied up. It amounts to the same thing, ignoring capital-tie-up.
If you are doing this for your living or thinking about same, you cannot be engaged in an argument with the market. You have a massively larger mandate to preserve your capital. With the exception of Nancy Pelosi’s IQ, there is no more irrelevant number in the universe than “what I paid for the stock”.
I don’t think it’s so much a question of a loss at this price as just a stagnation of your money for too long.
YoU’re only 60 and you made 10k. This is America, you might make hundreds of thousands by 65 or so. :)
I’ve made 2000 percent overnight on options on paper, but I am a degenerate gambler and let it ride to nothing. That’s why I can’t trade. It was soy bean puts.
There are no tide charts for stocks ...
GNC, has been increasingly crappy lately. HIGH pressure saleskidz, inferior products. Insistence on proprietary in-house brands...It's vitamin shoppe for me.
I second that thread idea.
Most of their stuff is for body builders now, anyway.
I stopped going there years ago.
Amazon or Vitamin Shoppe.
Our local GNC keeps relocating to increasingly smaller stores.
Next year, they’ll probably be operating out of a phone booth.
You’ve been around eight years longer. You have any idea how we go about that? :)
There’s a LOT of money to be made the next 8 years.
Let’s not individually rush into things, but instead with collective FR minds, we could do quite well :)
I agree, lets do this one and I’ll start by offering BAYTEX
I think it will be a good buy. Ginkgo sales way up for snowflakes self medicating Trump Onset Dementia. Stock prices will rise.
I don’t have any advice, but I’ll tell you why I never shop at GNC.
I can get the same things they sell cheaper online. So I haven’t been to one in years.
I also avoid malls due to roving youths that just made it uncomfortable time after time.
I don’t envision ever going back to a GNC.
Thanks for the advice. I am looking long time, its just that many things will change quickly with trump in. Low stock prices mean huge profits in the next few years. So now is the time to nail them down.
I Agree, I have backed off due to the talk here, and that is why I posted the question
Here’s my consumer point of view. As part of my fitness regiment, I take a regular rotation of 5 supplements, a multivitamin, and protein powder. The only reason I would go to GNC is because I forgot to order online.
GNC is regularly 25-50% more for the same, or inferior product. In the top ten lists of each supplement, multi, and powder, GNC never makes the list. If you know your supplements, you can tell by the list of ingredients that they are cutting corners on many of the GNC branded products.
The final straw for me with them was last week. I forgot to order l-Glutamine powder. GNC brand 8g selling for $15, and 10.75g selling for $25. For those of you living in Rio Linda, that’s $1.87 vs $2.32/g for the larger quantity. And, the smaller size was out of stock. Well, no thanks. It’s the little things, ya know.
Bodybuilding.com runs rings around GNC for anything vitamin and supplement related. Additionally, it’s a treasure trove of informative articles written by anyone fro experienced gym rats, to sports medicine scientists and nutritionists. The service is top-notch, and packages to your door, el pronto.
From an investment perspective, when you hear GNC, think Blackberry or Kmart. There is plenty of reason to believe that they will go the way of Circuit City.
Appreciate it. EVERYONE, however, should do their OWN research before buying a stock given as a tip. This way you can’t cry to the person who gave it to you if it doesn’t work out. :)
We’re all adults here.
But I’d like a running thread and don’t know how to do it.
I have not followed in a while but will start and let you know what stocks I come up with.
Let me know if anyone is interested in discussing puts/calls, commodities, etc.
LOL, ye I understand
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