As a value guy you will be happy to know our average price here is about $1.50 and a massive position in the Preferred at about $14....back when this was a value name.
We agree, directionally there is a lot of room here with this pullback. We are happy to hold names that transition from value to growth as LFMD has. This is where you find the 5-10 baggers!
For anyone interested, we think LFMD can get to $15-20.
Yeah, I had a suspicion that's how their margins hold up. It's a gig economy, and fitness coaches could use a little extra income. Haven't researched yet, but will next week. Too cheap to ignore
just looked up MED and it supposedly has a 31% dividend!!??
is it plausible that it can really maintain a dividend at all? seems strange when ww [aka weight watchers] has been left for dead and for the last 3 years the 2 stocks have been declining at pretty much the same rate. why should someone use MED when they can get an rx for a glp-1 drug elsewhere without the special foods, multi-level bs, etc?
I still need to dive in, might be trash, but I need to know more about the payment system between MED and their coaches. GLP-1s need a lot of fitness coaching to prevent muscle loss and to transition to a healthy maintenance lifestyle, so I don't subscribe to the idea that MED is dead in the water. Weight Watchers might have died partially because everyone got so wealthy that they went upmarket to fitness coaches and higher end brands instead.
Nice write-up. LFMD still looking good here.
As a value guy you will be happy to know our average price here is about $1.50 and a massive position in the Preferred at about $14....back when this was a value name.
We agree, directionally there is a lot of room here with this pullback. We are happy to hold names that transition from value to growth as LFMD has. This is where you find the 5-10 baggers!
For anyone interested, we think LFMD can get to $15-20.
Please write up MED!
Very interested in your opinion on MED, especially given that it is a multi-level marketing company.
Yeah, I had a suspicion that's how their margins hold up. It's a gig economy, and fitness coaches could use a little extra income. Haven't researched yet, but will next week. Too cheap to ignore
just looked up MED and it supposedly has a 31% dividend!!??
is it plausible that it can really maintain a dividend at all? seems strange when ww [aka weight watchers] has been left for dead and for the last 3 years the 2 stocks have been declining at pretty much the same rate. why should someone use MED when they can get an rx for a glp-1 drug elsewhere without the special foods, multi-level bs, etc?
I still need to dive in, might be trash, but I need to know more about the payment system between MED and their coaches. GLP-1s need a lot of fitness coaching to prevent muscle loss and to transition to a healthy maintenance lifestyle, so I don't subscribe to the idea that MED is dead in the water. Weight Watchers might have died partially because everyone got so wealthy that they went upmarket to fitness coaches and higher end brands instead.
Love to read more about MED too. A part of me can't help but wonder are these biotech or just tech companies?
Healthcare innovation broadly, just not pharma narrowly