Not altogether convinced this one is set to “fly” on relief that the recent loss was not as bad as expected. Who would have thought 12 months ago that we will be talking about reduced losses being positive for Weight Watchers? A busted flush?
It is starting to look as though the short term rally is running out of steam and the shares moving back towards a downtrend. It is too soon to say whether this downtrend has been established but this drifting of the share price of late is not a good sign.
After what looked like a sustainable recovery the shares are now in freefall again - there doesnt seem to be any interest. Come back Oprah!
The brief rally has not lasted and the shares are now even lower than they were before the rally. Has the look of death by a thousand cuts.
A little rally but there need to be some serious changes at WeightWatchers if it is to survive never mind grow!
Seems like changes are afoot at WW:- https://www.campaignlive.co.uk/article/weight-watchers-calls-media-review/1586775 Too little too late?
The share price suggests to me that there is something fundamentally wrong with the company, something which will take more to sort than a change of PR agent.
I will be short and sweet here - this has moved to the potential list. Hang on for now but at least the company is doing something. Whether a new PR company will do the trick I am not sure but it might be the first of many changes.
Trying to find a grain of positivity with this share is very very difficult. Just when you think it might be on the verge of a recovery, BANG it turns downwards again. What is going on behind the scenes?
