GNC - GNC Holdings: Game Theory
Today's piece marks the first time, in about seven weeks, I have written about GNC Holdings, Inc. (GNC) on SA's public site. For context, and in case anyone is wondering, I continue to maintain a large bet in the name with a cost basis in the high $4s in my High Octane Portfolio. That said, I must admit, the volatility in the name continues to surprise me as it appears the buy side is mostly on the sidelines awaiting the final approval from China and official closing of the Hayao deal. As a