If price is around 63ish by earnings I expect a drop on this due to past patterns. This company is supposed to restructure its business model around May I believe and also a new CEO is coming in. The current CEO Michael Johnson is a respectable man who has handled $HLF's problems very well. Him stepping down will open this company to volatility because the new CEO Rich Goudis is a lot more corporate and I can think of it as trying to jam a square block down a triangular hole which is not what $hlf needs because it is essentially a pyramid scheme. Thus a sleazy CEO works better with a sleazy company. Nevertheless my option is short term and works with the market making a big correction very fast. This will be interesting.
코멘트:
This has just gone against me so much. I will consider rolling because on earnings I expect a drop.
코멘트:
Thank goodness I didn't roll. This company has proved me wrong. Out of the 10 trades I've made this year, this is the only one i've lost on. Wow this company is extremely strong.