Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: TK on October 22, 2015, 03:27:15 PM
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GNC Holdings Inc., the chain of health and wellness stores, plummeted as much as 21 percent after Oregon sued the Pittsburgh company, claiming it sells supplements with illegal ingredients.
Ellen Rosenblum, the state’s attorney general, said today the company’s nutritional and dietary supplements are laced with unapproved drugs. One is picamilon, a Russian prescription medicine for neurological conditions, and the other is BMPEA, which was first synthesized in the 1930s as a replacement for amphetamines and never studied in humans, according to the state’s complaint.
“It is scary to know that certain products sold by GNC contain an ingredient that is not even labeled — let alone approved in the U.S.,” Ms. Rosenblum said in a statement. “When Oregonians buy a dietary supplement, they deserve to know that the ingredients in the products are safe and comply with the law.”
Trading in GNC was briefly halted on news of the lawsuit, and the stock tumbled as low as $31.94 in New York. Shares fell 15 percent to $34.19 at 3:14 p.m. in New York trading.
The case is State of Oregon v. General Nutrition Corp., 15CV28591, Circuit Court of the State of Oregon, Multnomah County
http://www.post-gazette.com/business/healthcare-business/2015/10/22/GNC-shares-fall-after-Oregon-sues-over-supplement-ingredients/stories/201510220195
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blackstone labs for the win.
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No matter where you buy it ,it`s all bogus snakeoil.
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blackstone labs for the win.
:-X
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Vince G, with his ear-to-the-ground insider info to the fitness industry undoubted started shorting GNC this morning. Margin called, my ass!
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The Dukes are trying to corner the vitamin C market!
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No matter where you buy it ,it`s all bogus snakeoil.
Read the "nutrition" board. Full of suckers.
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The Dukes are trying to corner the vitamin C market!
Mortimer, we're back!
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now that many junkies know about this gnc will sell billions of this garbage and the next qtr they will have good results and their stock will rise
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now that many junkies know about this gnc will sell billions of this garbage and the next qtr they will have good results and their stock will rise
No surprise you commenting in a GNC-thread . Tell us, what did they do to you? Turned you down for a pic? You have it in for them.
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No surprise you commenting in a GNC-thread . Tell us, what did they do to you? Turned you down for a pic? You have it in for them.
:D
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i dont know how they are still in business... everyone i see has never any cars parked in front
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i dont know how they are still in business... everyone i see has never any cars parked in front
(http://ecx.images-amazon.com/images/I/51h0sqD3FiL.jpg)
(https://c2.staticflickr.com/4/3060/3030245356_ce5b37ebab.jpg)
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(http://ecx.images-amazon.com/images/I/51h0sqD3FiL.jpg)
(https://c2.staticflickr.com/4/3060/3030245356_ce5b37ebab.jpg)
i use this multi...
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GNC Holdings Inc., the chain of health and wellness stores, plummeted as much as 21 percent after Oregon sued the Pittsburgh company, claiming it sells supplements with illegal ingredients.
Ellen Rosenblum, the state’s attorney general, said today the company’s nutritional and dietary supplements are laced with unapproved drugs. One is picamilon, a Russian prescription medicine for neurological conditions, and the other is BMPEA, which was first synthesized in the 1930s as a replacement for amphetamines and never studied in humans, according to the state’s complaint.
“It is scary to know that certain products sold by GNC contain an ingredient that is not even labeled — let alone approved in the U.S.,” Ms. Rosenblum said in a statement. “When Oregonians buy a dietary supplement, they deserve to know that the ingredients in the products are safe and comply with the law.”
Trading in GNC was briefly halted on news of the lawsuit, and the stock tumbled as low as $31.94 in New York. Shares fell 15 percent to $34.19 at 3:14 p.m. in New York trading.
The case is State of Oregon v. General Nutrition Corp., 15CV28591, Circuit Court of the State of Oregon, Multnomah County
http://www.post-gazette.com/business/healthcare-business/2015/10/22/GNC-shares-fall-after-Oregon-sues-over-supplement-ingredients/stories/201510220195
So when is it the right time to buy shares? Will it drop further you think? I am so bad at investing but i think this might be a good buy if you can grab some shares at the lowest point