Anybody think this is going to zero? They completely revamped their terrible membership-based business model, closed 4200 stores, and I still dont think they get it. The stock is at $11 right now and I think it still has further to go. What say you?
yea i think they can try whatever they want its a dead business model, overpriced and inconvenient, who wants that?
I dont want to own this for the same reason I am not tempted to own Walmart. Its a business model thats broken, but I would rather own walmart than GNC, at least people still go to Walmart regularly for stuff. The right time to sell GNC was when malls were packed, online shopping wasnt a thing, and people actually bought CD’s.
Massive short sorry GNC my sister in law is long GNC but we’ll see who’s right
Speaking of shorting, what happened to Bromion ?