Showing posts with label NBTY. Show all posts
Showing posts with label NBTY. Show all posts

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