15 replies to this topic

[JAP]

I know someone on another forum that bought 3000 shares before the close... ouch!

[ogm]

Ok, I've listened to the call, and I think its a huge overreaction on the back of today's market action. They keep buying back stock with all their profits, and still growing at a nice rate, and will be adding new lines of product next year. Clean balance sheet, good profits, good relative value, increased by buybacks.... Growing customer base which in turn will grow repeat business and to which they can market additional products. There is a lot of fat people in this country, these guys aren't going out of business any time soon Chart looks a bit iffy, but I still think its a buy here.

Edited by ogm, 24 July 2007 - 06:46 PM.

[hiker]

for fun sake.. let's see which one gains 10% first. NTRI at 52.50...assuming ideal entry tonight..perhaps ideal AMZN at 81.00...tonight...merely the most recent pullback low a test of momo vs. bottom picking entry styles. FWIW...I am now long AMZN, and took tonight NTRI long as a daytrade. so I have already made my bet which one I prefer to hold another day long term...NTRI shorts going to cover sometime, and a giant squeeze may occur

Edited by hiker, 24 July 2007 - 06:55 PM.

[tommyt]

they guided lower, and in a growth stock with a run up it = death most of the time...even if not, it normally takes it off their radar screens for a quarter or two. Not saying it can't bounce small, but they rarely bottom immediately and start up again.

[ogm]

they guided lower, and in a growth stock with a run up it = death most of the time...even if not, it normally takes it off their radar screens for a quarter or two. Not saying it can't bounce small, but they rarely bottom immediately and start up again.

It doesn't have to start up again.... 10% would bring it to 58, which is still 5 bucks under tonite's close.

So if instead of down 10 tomorrow it will be down 5, its still a 10% gain

I just think the company is reasonably cheap here. They didn't announce anything disastrous. And they actually have a long term plan beyond the food items.

[hiker]

ogm...closed AMZN long entered yest at 81 area ...sold early session here 88 area....has been as high as 88.34...the regular premkt opens in 20 minutes and will be interesting..will look for setup by then or during. nice % profit for holding a few hours.