iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

Inclement Weather Isn’t Forever

GNC and VSI are getting smashed today, due to an earnings shortfall at GNC. Without equivocation, I believe this is a temporary set back. I am going to wait a few days for things to settle down, then buy them.

No one loses more than vitamin shoppes during periods of inclement weather. The sales, simply put, aren’t made up later. People will buy their stuff online and go about their lives, as if GNC never existed. However, there are true earnings power to these franchises and I believe numbers will look much better after the thaw.

Just my two cents.

In other news, FEYE is up like a rocket following its decline. I like BLOX here too; but would prefer to see it down about a point before I started buying.

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10 comments

  1. chief keef

    not sure why people buy supps at GNC, etc. when you can get the same or better quality supps online at a fraction the price.

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  2. budh

    Did you get the memo re: climate change?

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  3. tradercaddy

    Just got back from a 20 mile bike ride in this beautiful 65 degree weather (and past the Dixon Ticonderoga HQ- no Black Pencil #2 laying in the parking lot) and I see EGO has gone negative as well as NEM.
    I really think the etfs are the way to go.
    GDX and GDXJ don’t carry the crazy risks of productions, mining costs, etc.
    And trade them like the bitch they are.

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  4. mickeyrobbie

    Mr. Fly, as a Goldman, do you prefer miners here or metals neat?

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  5. mr.partridge

    Funny how all these people who criticize you about selling GOGO are quiet now.. lol time machine man

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