Is GNC A Good Buy @ 9.15 A Share?

MY Brain | today | OV

[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?

[OneVike]

Bummer

I have about 4 experts I am working with and I have $50,000 I need to increase in a few years.

[aposiopetic]

Let me know if anyone is interested in discussing puts/calls, commodities, etc.

I'm in.

Besides, I know youse guys on Staten Island get all the inside info. < / kidding, kind of :) >

[CrouchingTiger620]

Ugly chart. Never use a price as an indicator of a good buy. A stock is worth what people are willing to pay today so a price from years ago is not relevant. Look for a bottom first before buying any thing.

[OneVike]

Your the second one who had the same concerns

[Two Kids' Dad]

He’s doing okay. Thanks for asking.

[dp0622]

At 48 it’s time to become disciplined. I would like a thread.

You can turn 50k into a NICE amount.

Dont EVER chase anything down. It’s going down for a reason. Hope has no place in trading. Ego has no place. Small percentage of what you have into any one trade.

Conservation of money is the key. You should have a VERY good idea of your in and out points before you enter a trade, unless it’s long term. And even then you should have an idea.

Candlestick charting works very well, esp. shooting stars , dojis and others.

For laughs, keep an eye on close to the money options a day or two before that month’s options closes out and earning are up. That’s where I’ve made tremendous profits (which I gave back) but it is VERY risky so play around with 1/3 of 1 percent of your money if you do that here and there.

[OneVike]

Thanks you mimicked the same concern I am hearing a lot. I think I will back away from them

Thanks much

[dp0622]

I know a few people. But now that they closed the trading pits for the most part, everyone is kind of on the same level playing field.

The pits were where “special” information was shared. Now that’s gone.

That sucks :)

[OneVike]

I will start one tomorrow for those interested

[Salamander]

Do you remember when you could get fresh, custom ground peanut butter at GNC?

That stuff was great.

Smooth to super chunky and anything in between.

No sugar or salt, if you didn’t want.

[dp0622]

I am glad. My aunt fran ####ed up the 100k she had AFTER the bottom so badly I want to clobber her. It should be 300k AT LEAST. Instead she lost half because she knows better.

NASDAQ is up 500 percent since then and she’s lost half her money.

DISCLAIMER: (not to you) I have NEVER worked full time as a trader of anything.

I WAS a compliance analyst on the commodities exchange and boy did they cheat :) that was back in the 90s

[dp0622]

Good man. Ping me. Aniello here.

[plain talk]

“Low stock prices mean huge profits in the next few years. So now is the time to nail them down.”

You are joking right? You sound like one of those get rich quick advertisements. :-)

Trump made comments about high drug profits during the election so investing in drug companies might not necessarily be a good idea right now. Here is an article just from today. http://thehill.com/policy/healthcare/316143-trump-calls-top-dem-about-high-drug-prices

Better to invest in the broader market and not place your eggs in one basket.

Consider this — indexes beat professional portfolio managers 80% of the time. What makes you think you can beat these pro’s and their machines?

Don’t mean to get on a soap box but you are going about this all wrong and likely to end up in a worse situation. Wish you the best.

[Professional]

I’ve been a RIA for 25 yrs, my average client is retired, has well over 1m with me. I have zero complaints on my record and beat the largest bank in the world in a harassment suit against me.

That said...

For the sake of your financial safety, your sanity, the integrity of your family....STOP.

You are playing a deadly game, and will make your life hell if you think you’re going to trade stocks out of the situation you are in!

Put your money in the hands of a reputable advisor, or a bank savings account. Find a job, new career, whatever.

What you and others are talking about here is pure speculation and risk.

STOP...it’s sad to see this.

[dfwddr]

Ping me please.... Thanks.

[MrZippy2k]

>> We should have a thread discussing what corporations and business sectors should boom under Trump.<<

Here’s a list that I can personally vouch for:

VSR, STRL, HIL, TPC, TRR, PRIM, MG, AEGN, MTZ, KBR, GVA, FLR, CBI, ACM, MTW and a combo of the above PKB.

The two parties will never see eye to eye for the next 4 years, except for one topic - - jobs. The Dems are already coming out in support of the $1T bill on building infrastructure, and these are the companies who will be making it happen.

Happy investing !!!!

[zeestephen]

Re: “So anyone have any advice on the GNC Stock question for me?”

GNC has one of the most hopeless 12 month stock charts I have ever seen.

Do Not Buy!

I'm curious about your screen name: OneVike

Does that mean you take one Vicodin tablet before you post?

If GNC is selling Vicodin off the shelf, maybe the stock does have a chance to rally.

[Kozy]

40 years ago Peter Lynch was the stock picker for Fidelity. Wrote a book about my strtegy. I remember this one. If you use a product and like it probbly others do too.
Well at Christmas Amazon Price delivered every day. We have iPhones, iPads also. I own Apple and Amazon. Nice and easy.

[OneVike]

Thanks for the information. I will begin an ongoing Stock thread for us all to properly capitalize and learn from each other. There is a lot of money to be made of the positive qualities of what Trump is going to do for the country. We shold all benefit together.

[stratplayer]

I use to trade some and was considered a “contrarian” trader since I like to buy stocks when they were down. It did not scare me that they were down as long as I could see a reason that was temporary. They were not usually down that much for that long. Online competition and the collapse of the shopping mall may be part of the issue. I would not participate in this gamble. Looks all down hill to me.