The Oprah effect!

Discussion in 'Stock Market Forum' started by JR Ewing, Oct 19, 2015.

  1. nissi

    nissi Well-Known Member

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    Why on earth did she take stake in the company? She already has billions of dollars. She needs to make more?!
     
  2. Penny

    Penny Well-Known Member

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    She also gives very large amounts of money to charities around the world. It seems to me that if rich people spend money they are wastrels, if the earn it they are greedy. IMHO so long as they are putting most of their money to good use, why on earth would the not invest to earn more?

    Compared to most people on this planet I am rich and have enough money to live comfortably, so why do I invest in stocks? Well, um, because more money is still better?
     
  3. xTinx

    xTinx Active Member

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    Oprah does seem to have a magic touch. Does that mean people would start investing in any company she has shares with because it would ultimately mean that company would always do well? Oprah is mighty influential that anything she touches becomes a trusted and investment-worthy brand. Let's just hope no recession or calamity scares would affect prices negatively.
     
  4. JR Ewing

    JR Ewing Super Moderator Staff Member

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    That's the name of the game - investing and making money! She didn't get rich by just earning a paycheck every week and putting it in the bank or under the mattress. You get rich and stay rich by investing wisely.

    As long as she's under contract with them, she won't likely be selling stock. And these big investors have to file paperwork each month with the SEC and disclose their buys and sells. When they take big enough positions in companies, they have to fill out paperwork detailing their reasons for buying the stock, roughly how long they plan to hold it, etc.

    And remember that the stock was trading for ~ $6 a share when it was ANNOUNCED that she filed ownership papers - she probably paid under $6 for most of her shares. The stock has yet to drop below double digits since then.
     
    Last edited: Mar 21, 2016
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    WTW
    12/18/2015 Buy 25.0000 20.9520 0.00 523.80 25.0000
    12/22/2015 Buy 25.0000 19.4200 0.00 485.50 50.0000
    12/30/2015 Sell 40.0000 23.6100 0.00 944.40 10.0000
    1/4/2016 Buy 10.0000 21.0500 0.00 210.50 20.0000
    1/7/2016 Buy 10.0000 19.6800 0.00 196.80 30.0000
    1/8/2016 Buy 10.0000 17.6000 0.00 176.00 40.0000
    1/8/2016 Buy 10.0000 15.4800 0.00 154.80 50.0000
    1/25/2016 Buy 20.0000 11.5100 0.00 230.20 70.0000
    1/28/2016 Buy 20.0000 12.5600 0.00 251.20 90.0000
    2/26/2016 Buy 20.0000 11.0050 0.00 220.10 110.0000
    3/1/2017 Sell 100.0000 19.8000 0.00 1,980.00 10.0000
     
  6. longtermbull

    longtermbull Administrator Staff Member

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  7. JR Ewing

    JR Ewing Super Moderator Staff Member

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    WTW
    Transaction
    Date Transaction
    Type Dividend Per
    Share Shares
    Transacted Share Price
    $ Split
    Ratio Commission
    $ Transaction
    Value $ Share
    Balance [​IMG]
    10/21/2015 Buy 100.0000 16.0700 0.00 1,607.00 100.0000
    11/6/2015 Sell 50.0000 22.2700 0.00 1,113.50 50.0000
    11/18/2015 Sell 25.0000 27.3100 0.00 682.75 25.0000
    12/8/2015 Sell 25.0000 24.5600 0.00 614.00 0.0000
    12/18/2015 Buy 25.0000 20.9520 0.00 523.80 25.0000
    12/22/2015 Buy 25.0000 19.4200 0.00 485.50 50.0000
    12/30/2015 Sell 40.0000 23.6100 0.00 944.40 10.0000
    1/4/2016 Buy 10.0000 21.0500 0.00 210.50 20.0000
    1/7/2016 Buy 10.0000 19.6800 0.00 196.80 30.0000
    1/8/2016 Buy 10.0000 17.6000 0.00 176.00 40.0000
    1/8/2016 Buy 10.0000 15.4800 0.00 154.80 50.0000
    1/25/2016 Buy 20.0000 11.5100 0.00 230.20 70.0000
    1/28/2016 Buy 20.0000 12.5600 0.00 251.20 90.0000
    2/26/2016 Buy 20.0000 11.0050 0.00 220.10 110.0000
    3/1/2017 Sell 100.0000 19.8000 0.00 1,980.00 10.0000
    5/3/2017 Sell 10.0000 24.7700 0.00 247.70 0.0000
     

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