Wtw - Weight Watchers

Discussion in 'Investment Charts' started by longtermbull, Mar 22, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    This one may not be dead and buried just yet. Are we just seeing stale bulls selling off at the first sign of a recovery? One to watch.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    Just when you think the shares are recovering, no, a quick reversal. However, might distress be stale bulls selling up?
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    If this is stall bulls simply selling up then I would not necessarily write off the shares just yet. However, it is disappointing to see such a fallback after recent positive comments from analysts.
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    The Weight Watchers share price just cannot get going. However, if the fall after the recent rise was simply because of stale bulls selling up, there may be an opportunity to buy some cheap stock fairly soon.
     
  5. gowiththeflow

    gowiththeflow Senior Investor

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  6. longtermbull

    longtermbull Administrator Staff Member

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    Well well, if you wait long enough you see everything! Weight Watchers was dead and buried, having fallen back from a recent rise, look at the share price now. If this reversal has been so strong then surely there must be further upside from here?
     
  7. Chartman

    Chartman Senior Investor

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    This one looks like a buy on profit-taking to me. If the turnaround is really as sharp as forecasts indicate, there could be a long way to go.
     
  8. Buyonthedips

    Buyonthedips Senior Investor

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    Once the new expectations start to flow through in the form of higher profits we could see a major rerating for this share. A buy on weakness :)
     
  9. Chartman

    Chartman Senior Investor

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    Nice to see this one consolidating. There must be some stale bull sellers out there - when the buyers have sucked them up the shares might just have another spurt.
     
  10. Buyonthedips

    Buyonthedips Senior Investor

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    This little bout of weakness could be a buying opportunity. This fall seems to be market led as opposed to stock led.
     
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