Youngevity International Inc (fka YGYI)

[Lakelife]

Just remember shorts are dedicated buyers

Don't fear short interest, when they get it wrong it's panic buying and fuels a rally. I would love to see short interest continue to increase. As Youngevity's growth accelerates and hits momentum with international revenue just beginning now, the shorts are going to take it in the rear!

I think yesterday was simply profit taking after a run from low .20's to high of .34 in three weeks. After a 50% run, those not in for the long term saw rally petering out and hit the bid before the close. I think YGYI will consolidate here .28 to .32 range for a couple of weeks before next leg up into Q3 earnings call. All the top Youngevity distributers have been posting on Facebook July was an all time record month and add in all the new coffee contracts to me spells out a record Q3.