NTRI– Shorts will soon be pressured to cover!
NTRI is looking attractive as it continues to test new lows. This will pressure the short float (greater than 53%) to cover and lock profits. As a result, shares will be bought back and the stock will surge. It is beyond me how punished the shares have been since the announcement of the company’s last quarter. Though the stock has been known to be very seasonal and volatile, a plunge from 55 in the past 3 months is overdone. Bear in mind, this is a stock that has a very good cash flow with zero debt! Investors fled the stock after LLY’s over-the-counter weight loss drug began selling. I assure you that the popularity of this drug would be short lived due to the dibilitating gastro-intestinal side effects. Thereafter, NTRI will once again be the center of focus and shares will trade north of 50/share.
Be advised that NTRI’s market is now in Canada, France and Germany. I can only imagine what that will do to their growth and revenue!?
“Bear in mind, this is a stock that has a very good cash flow with zero debt!”
This sentence is certainly catchy Jack! Very in depth content here man, I’m glad my brother got you to come on board. I look forward to your future integration with STTG!
I am curious to see how this one pans out Jack. If you look just at the stock chart it is an ugly picture of lows not seen since 2005. I imagine when that short cover comes it’ll be big.
Nutrisystem is great! Well it is only my first day, but I am very impressed by the food taste.