Youngevity International Inc (fka YGYI)

[Auricgoldfinqer]

2013 proved the ineffectiveness and waste of resources that the stock buy-back was.

What minimal amount of shares they bought back did not affect the number of shares outstanding to any degree, thus the valuation, but more importantly, it did it affect the stock price in any positive way. In fact the stock performed like the company was going bankrupt.

What other mis-steps are in store for 2014?

Another negative is the the space they are in. As an MLM; sentiment could not be more negative right now, with the attacks on NUS and HLF and the MLM industry as a whole.

Shareholders will be lucky to see any 52 week highs this year. We may not even see it get over 30 cents again.

Disclosure. I have sold a substantial portion of my position. But I still hold enough shares to make the stock interesting in case I am proven wrong.