GNC HOLDINGS CEO JUST BOUGHT $5,000,000 OF STOCK!

ByGary Kaltbaum March 3, 2017

The CEO of beleaguered GNC HOLDINGS just bought $5,000,000 shares at prices between $8-8.50 on February 21. This stock has dropped from $35.90 last April to $8.50 as we write this. Keep in mind, just because insiders buy does not mean a stock goes higher…but something to watch.

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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), a state registered investment adviser. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

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