GNC GNC

You really have to wonder what value is really here. Hundreds of losing stores, hundreds of disgruntled franchises, and of course, very little foot traffic do to covid. Amazon, would have zero interest, even for free, it’s still gonna bleed for years. Brick and mortar is hard to rebuild, and covid isn’t gonna help. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

How exactly does a bidding war help the shareholders??? It’s gonna help the creditors, but they would have to get bids at least twice as much as Harbin’s, before anything even came close to trickling down to shareholders. It doesn’t matter to me, I have nothing to gain either way. I honestly just feel bad for all of you throwing your money away. I was young and dumb once, and just wish someone educated me. This is just a pipe dream, you can’t win!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

They will not release earnings, no reason to. They aren’t required to on OTC, and the numbers are probable gonna be bad anyways. Even if they are good, it wouldn’t have an effect on the stock price. This company is bankrupt. Nothing will ever get to the shareholders in bankruptcy, the secured creditors will get it all. Shareholders are always the last, and seldom get a nickel. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I’m not sure buying stock in a bankrupt company would constitute investing!! You gambled, and it’s a long shot. Probably gonna lose, but if yuh hit, it’ll be big. Again, probably gonna lose, and this was no investment!!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I’m trying to figure out why earnings are so important to anyone here. Even if they are good ( and I highly doubt that they are), what does that do? How does that help them with their chapter 11 situation. They need to pay off 1.2 BILLION in debt, and that’s just not happening. The best case, they may lose less than last quarter, and that’s not even realistic. Honestly, best thing for shareholders, is they don’t release numbers, it can’t help, either way, it’s a worthless earnings report!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I would be surprised if gnc released any earnings or guidance. It’s not a requirement on the OTC board. The date that was set, was for when the were on the NYSE. They don’t need to, and probably don’t want too. Their numbers probably will be very disappointing, many stores are still closed, and foot traffic in the ones open probably aren’t good. On line sales may be trending upward, but nowhere good enough to off set the decline in foot traffic. I don’t see any news coming in the near future, and if they don’t get an offer the secured creditors like, it’s liquidation time. The creditors make the decisions now!!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

There is a reason this stock continues its decent to zero, it’s simple logic, that’s all it’s worth. It won’t even be sold, there will be more value in liquidation. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Ok, can anyone of you Bulls, give one reason why this stock has value??? Come on, anyone explain why a bankrupt company with 1.2 billion is secured debt has value. Anyone explain why you think this could even go back to 25 cents. Anyone explain why!! I’ve posted my thoughts for weeks, not one person has been able to give one single reason. There’s a simple reason , there is no reason this should go up!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Keep in mind, there will be no bidding war. They have over 1.2 billion in secured debt. It will take over that, just to satisfy the debt holders, before any shareholders get a nickel. The company may have more value liquidated. Where is value here, half the stores are in malls , losing millions a year, and those will be closed. There are so many franchises that now can change their name, remove themselves from the franchise fees, and can continue as an independent. On line business is a joke, everything they have is available at Lucky or amazon, at way lower prices, and their name, is just so, so. Amazon has zero interest. Who would want this, be serious. Zero is the actual value of this stock. I’m not a short seller or shareholder, I’m just watching this, and feeling sorry for people buying into this. It’s going to zero, no way around that. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

BlackRock only holds 149,000 shares in gnc. .2%