There are people here that have said wait for it to go back to 9. There are people here that say it’s going to 20 and beyond. Had you listened to the prior, shorted or waited to re-enter, you would have missed a sizable gain opportunity. I tend to believe the latter is possible, which is why I’m holding.
I’m sure YGYI will retrace some. Buy the dips or buy now and hold. Short-term there could be some downside risk. Long-term there is some major upside possibilities. YGYI had been out of favor for years. Valuation finally seems reasonable here, but still low when compared to her peers based on revenue multiples. Volume has finally come and the shares appear to be in stronger hands which creates support. But again, anything can happen. There is an MLM structure in this company that can create pain for shareholders thru compensations and incentives but they are established and have safety net revenue streams.
However you choose to go, best of luck. I’m holding and I’m long YGYI.
