Stocksnseeds -Think about this for a minute. Let's go back five years or so. The stock was pre-split about 60 cents. Since then, if I remember correctly, IVFH did a reverse split to pump up the stock price. Then it acquired FD, issued massive amounts of shares, and now you have about 3 times as many shares outstanding as you did three years ago, and a much lower stock price.
If this has been such a disaster, why are you still here?
The fact is that this company has a decent core business. It's all a question of valuation and management. I have been happy with the valuation at times. The management, not so much. For me, this is a trade, not an investment. But I watch it weekly and I stay informed. I also know BS when I hear it. Sam's optimistic reports about FD turned out to be very wrong. The meal plan business is undergoing rapid changes and competition. Some of you have your opinion about how FD makes money and I have mine. I have been right for the last five years. I'm shooting for six.
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