NutriSystem: Bloated Pig?

Herb Greenberg is back at it...he must be a Jets fan given his distaste for the shares of NutriSytem Inc. (NTRI-NASDAQ).

There’s no getting around that NutriSystem has been an impressive growth story. But there are signs that its hyper-growth days (not to be confused with regular-old growth) may be ending....

....Anything less could cause NutriSystem’s stock to drop in price as quickly as its customers lose pounds. How quickly? On Monday it shed 10% after Lehman Bros. analyst Michael Lasser issued a note to clients saying that while traffic on the company’s website in November was up 36%—normally a sluggish month for the diet industry—it marked the slowest growth in a year. And the tone of his commentary was positive. Imagine what would have happened if it hadn’t been. Marketwatch

NutriSystem shill Dan Marino was unavailable for comment.

We love you Herb. Even if you can’t throw a football.

Investors who believe you can still fatten up on Nutrisystem’s shares from the long side and want to slug it out with Herb can go here...

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