Mike Arnold
Long only, small-cap, tech, growth at reasonable price

Another Attractive Entry Point For Vitacost Shares

For investors who missed out on the rapid price appreciation in shares of Vitacost (NASDAQ:VITC) following my "Top Idea" narrative in February, Mr. Market is offering Vitacost shares at an attractive risk/reward once again. This time, investors can allocate capital to the idea after explicit acknowledgement from Vitacost management that it, indeed, hired an investment banker (Jeffries) to consider strategic alternatives.

In the interest of full disclosure, I should note that while I remain long Vitacost shares, I did, in fact, lighten up on my position after the earnings call in February and press release concerning the potential of selling the business at the behest of certain shareholders. That said, I still believe the business is worth...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details