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The Company develops and manufactures high-quality, science-based nutritional and personal care products, with a commitment to continuous product innovation and sound scientific research.
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ORAY817 (90.90) Submitted: 4/11/07 11:49 AM : Start Price: $45.17 USNA Score: -8.12
Usana has had their run. It has been a great stock to own but the REAL investment community, not the members of the Usana network, are unforgiving when insiders are documented for their profit-taking and excersizing of their options. When you look at the recent activity of insider sales and net holdings following the sale, it appears that some of the big people saw the writing on the wall with the recent and sudden sell-off of the stock. Short covering will only drive the support price of the stock on a temporary basis. When the only stockholders are the associates, the demand for the stock will drop through the floor along with the price. The short float is currently about 20% and following the coming missed earnings (3rd straight quarter!) the only happy positions on USNA are going to be the puts and shorts.
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