Roundabout Asset Management
Special situations, quantitative, hedge fund manager

Nu Skin - 35% Upside: After The Molting, Nu Skin

Situation:

After reaching an all-time high of $138.66 in December 2013, Nu Skin Enterprises, Inc. (NYSE:NUS) has fallen almost 50% to $72 as the Company dealt with an investigation by Chinese officials into accusations that the Company was operating an illegal pyramid scheme. While the collapse in the stock price was initially understandable, with the investigation now put to rest and operations in China having resumed as of May 1, 2014, the stock remains depressed and should appreciate 35%+ by year-end.

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Company Description:

Founded in 1984 and based in Provo, Utah, Nu Skin is a direct selling company that distributes more than 200 premium-quality anti-aging products in both the personal care and nutritional...

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