Tuesday, October 13, 2009

NO FTC SAFE HARBOR ON Medifast FALSE ADVERTISING 13-Oct-09 11:05 am Medifast is on the WRONG side of the FTC

Medifast is on the WRONG side of the FTC.

Medifast Internet advertising is in violation of the new FTC guidelines.

FTC Paid To Review Products Online- New Guidelines
http://ftc.gov/opa/2009/10/endortest.shtm

Medifast continues to promote FALSE ADVERTISING through banner ads and the use of "independent" websites promoting Medifast claims.

This Medifast False Advertising Misleads the Public Consumer.

Medifast Scientific Advisory Board are Paid Consultants, including an advisor from Hershey's Chocolates.

Medifast internet banner ads consistently state 20,000 doctors (implying today) recommending Medidast is misleading and FALSE ADVERTISING.

Fact: Today there are less than 200 active doctors.

John Hopkins Study is a PAID and STALE study by Medifast.

John Hopkins says NO to Medifast.

Take Shape For Life websites consistently make claims of a "John Hopkins" study.

Visit the John Hopkins Weight Management Center website and search for Medifast.

You will find nothing:

http://www.jhsph.edu/weight/

But Medifast websites and advertising imply John Hopkins endorses and is recommending Medifast.

Thursday, October 8, 2009

Jim Cramer Dead Wrong on Medifast Bullish Call

Cramer said during the Lightning Round that Medifast "fits the profile we want under Obama." He recommended waiting for the stock to come down before pulling the trigger.

On Thursday October 8th 2009 , Medifast added 91 cents, or 4.2%, to close at $22.62.

Jim Cramer is dead wrong on this call.

Obviously homework not done and he has retracted mistakes in the past.

Jim Cramer is great.

Medifast Stock and 10K Financials are like a hot dog:

it tastes great, but you don't want to know the ingredients ... nor the consequences.

"Kid, you're on a roll. Enjoy it while it lasts, 'cause it never does."

Lou Mannheim (Hal Holbrook), Wall Street

http://www.youtube.com/watch?v=o-jOAmy4DIU