The Bowser Report – Daily Mover Alert October 23, 2015

Today, The Bowser Report issued a daily mover alert on FitLife Brands (FTLF), which closed down 10% or more today.

Editor’s Opinion: Yesterday, FTLF rose 11.77% on very low volume. Today, after that volatile move, there was a slight sell off with fairly normal volume. Volatile moves like this are normal for FTLF recently.

To restate yesterday’s analysis of the company:

FTLF is in Category 3 with a Bowser Rating of NR. Most recent quarterly sales fell 16%, while earnings dropped 66%.

Recently, the company merged with iSatori, which resulted in the issuance of about 2.3 million FLTF shares to iSatori stockholders. Management cites that this merger will result in “increased distribution, potential growth capital and enhanced liquidity, and professional brand management, furthering the growth and development of [FitLife’s] brands.”

FTLF decreased the number of shares that iSatori shareholders received before the close of the merger due to a decrease in iSatori’s working capital and an increase in its net debt. It remains yet to be seen how this merger will affect FTLF’s financials.

For now, we recommend holding on to FTLF if you own it, and holding off on purchasing if you don’t. Remember to always follow the Game Plan.

To learn more about The Bowser Report, visit https://thebowserreport.com

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net