Ready to get in shape and have fun without going to a cramped gym? Life Time builds huge gyms that include everything from new gym equipment to climbing walls, children's areas, locker rooms, indoor and outdoor pools, spas with massage and skin-care services, and even health food. No more excuses!
jennyalex89 thinks if Life Time Fitness Inc were a Hostess cake, it would be a Suzy Q.
Megan thinks if Life Time Fitness Inc were a bottle of wine, it'd be Two Buck Chuck.
By: Erica Feldkamp, WeSeed Writer The Dolls, along with super-stars Jessica Simpson, Justin Timberlake, Pink, and Cher (O.k. which one of these doesn't fit?) have all gone on camera to say they are getting' buff with Bally's. But if Bally's is going to be "Bringin' Sexy Back", it better do so in a big way. In 2004, Bally announced that Uncle Sam was snooping around their accounting depart, and the company has since re-written six years worth of financial statements. This little "oops, did I do that... six times" snafu, dragged its $36 a share stock into the Pink Sheets (and not the satin kind) over the last decade. In August 2007, Bally's slipped into bankruptcy. Life Time Fitness (LFT) is another fitness stock that tanked shortly after Bally's went bankrupt. However, Lifetime only experienced a short-term depreciation. Despite having two positive revenue quarters between November 2007 and April 2008, the stock plummeted from a gradually built $65 to just above $26 in less than five months but bounced back to $40 in April/May. Now climbing back steadily, the stock seems to be working its way back to the high bars by opening more family-focused gyms and increasing membership sales. See what our Health Nuts are saying about this gym. Although this seems like the time to buy, the fair pricing tool is red so proceed with caution.
by Carlos Portocarrero, WeSeed Writer Having a child is supposed to be one of the most incredible experiences in a person's life - I haven't had that pleasure yet. But when I visited my fiancée's sister and her family a couple of years ago, I realized how little time they both had to themselves - taking care of three girls is a full-time job for both parents. Yet they somehow managed to stay fit and exercise regularly - something I've always struggled with in my childless existence. I wondered how they were able to get to the gym while balancing work, the girls, and the general hassles of life. Then they took me along to their gym one day and I learned all about a company called Life Time Fitness (LTM). This was the first time I had ever heard of them but I was impressed: their facilities were huge and all their equipment was new and in great shape. Not only that, there was an indoor and outdoor pool, complete with slides and everything for kids to play on. At the time I was also reading Peter Lynch's classic One Up on Wall Street, so I was all excited that maybe I had found a company worthy of my investment dollars. I wondered if this was going to be a classic case of "investing in what you know." So as we walked around the sprawling facilities I asked some questions and got some interesting answers: they were open 24 hours a day, there was a health spa, a basketball court, a climbing wall, and even a health spa. One thing my fiancée's sister really liked was their month-month memberships, which meant they weren't tied up in lengthy contracts. They even had child care services for the girls - that was one of the main reasons they went there. The following week I did a little research and decided this was a company I understood and wouldn't mind owning a piece of. Unfortunately, I had no money saved up, so all I could do was add it to my mock portfolio - the stock went from $35 to a high of $65. Today it stands at $40. The reason I like this story so much is that anyone can do it by just paying attention and asking good questions.
Current price per share
Today's gain: $-0.98 (-3.30%)
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