Level2Me
9 years ago
Crappy annual report. Missed on all levels -- revenue, YoY, QoQ etc.
Bad guidance too.
However, I do see couple of positives:
1. They repurchased about 5% of O/S last year and probably will continue
2. Number of so-called 'sales leaders' increased slightly, or at least stopped dropping. Sales leaders generate majority of sales through their groups (they have a $2000-3000 requirement) which points to an increased revenues. Not immediately, but eventually.
I do plan on buying if this dips below $20