Post by
bgdick on Jan 13, 2023 3:18pm
What’s missing here ?
Volume. Given yesterdays news this should attract institutional buyers and a slight rise in price but I see no indication of either. Definitely an opportunity to still buy at record low prices. Don't tell me we are waiting for the quarter to see the effect 5000 GNC stores has on Mikra sales. Now is the time to see a gradual increase in volume and stock price. GLTA
Comment by
randomtask on Jan 13, 2023 3:43pm
I'm not sure why it would attract institutional investors; the organization has a terrible track record of strategy execution. GNC exclusive distribution rights is going to crush their margins. institutions buy companies that are well run and either are or will be profitable. Lifeless checks none of those boxes
Comment by
ukrop13 on Jan 16, 2023 1:02am
This post has been removed in accordance with Community Policy
Comment by
deet on Jan 17, 2023 2:02pm
The volume is up but the share price hasn't budged.