Monday, July 19, 2010

Bye Bye NBTY

Even the wildest rollercoaster rides come to an end, and nutritional supplement maker NBTY's (NYSE:NTY) ride is at an end. Before the open Thursday, NTY announced that the company had accepted a $3.5 billion all-cash buyout offer from private equity giant Carlyle Group. 

If you have never paid much attention to NBTY before, pull up a long term chart and count the number of 50% retracements over the past 20 years - I think I counted seven. I have followed this stock for at least 15 of those years, and owned it once along the way. Throughout that run, I was always surprised that the company could never carve out a steady and stable growth trajectory. 


To read the full piece, please go to:
http://stocks.investopedia.com/stock-analysis/2010/Bye-Bye-NBTY-NTY-PRGO-BAC-BX-BCS0719.aspx

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