Posted on June 23, 2022
The connivers and intriguers at Nu Skin Enterprises (NYSE:NUS) are about to get a makeover, we say.
But before we get to the trade, check out this authentic Hebrew Groove.
Psalm 136, if you can’t place it.
Vanity of vanities, says Kohelet, all is vanity…
Wouldn’t you know it – the words ‘wellness’, ‘spa’, ‘transformation’, ‘anti-aging’ and ‘body-shaping’ appear copiously throughout Nu Skin’s promotional material.
And they better – because it’s all a façade, friends.
Good Jews and Noahides well know that exteriority was never the essence of life in this world, and that eventually the curtain would be pulled back, revealing the truth beneath for all to see.
Nothing remains hidden forever.
Eventually the lie gets belied.
And so it is with Nu Skin.
Yes, they beat on earnings and revenues back in May, but the stock hasn’t been able to hold its gains since then, and that bodes ill for the future.
Indeed, currency disruptions, lockdowns and war have negatively affected both guidance and analyst estimates, the latter of which have been moving steadily lower for the last 45 days.
Here’s what the latest numbers offer –
So where does that leave us…?
And that’s all, folks.
Many happy returns!