Wtw - Weight Watchers

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

  1. longtermbull

    longtermbull Administrator Staff Member

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    There is a lot of negative comment around at the moment after the shares had a good run. I would be inclined to hold off a little longer and look to buy in if there is another sell-off.
     
  2. Buyonthedips

    Buyonthedips Senior Investor

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  3. Chartman

    Chartman Senior Investor

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    There is a fundamental strength in the Weight Watchers share price while technology shares are pushed to levels which are in the eyes of many unsustainable, Weight Watchers continues to plod back from periodic setbacks. Is there something going on behind-the-scenes? Could the company become a takeover target?
     
  4. longtermbull

    longtermbull Administrator Staff Member

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    Not a flicker of panic (yet) after the main market self-off. Are investors returning to more traditional companies?
     
  5. Buyonthedips

    Buyonthedips Senior Investor

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    Might get dragged down by the main tech led market so probably a buy anywhere around the $30 level?
     
  6. Chartman

    Chartman Senior Investor

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    These shares are in long term buying territory in my view - they are more lifestyle based as opposed to the techy shares which have been smashed lately.
     
  7. Buyonthedips

    Buyonthedips Senior Investor

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    This one was already oversold and the market correction has push it down to silly levels. I think this is one to start picking up in small tranches from here on in.

    For reference: Price $30.01
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    This fall is way way over done but if the company has a cashflow problem, or short term financial issues, then it might be serious. However, I reckon a buy at this level (Circa $18) is a great gamble for a quick bounce.
     
  9. Buyonthedips

    Buyonthedips Senior Investor

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    This fall in the Weight Watchers share price must surely be overdone? Does anybody have a clue why the company is trading at such levels? Is the problem with debt? Or is it simply because their services are seen as optional?
     
  10. gowiththeflow

    gowiththeflow Senior Investor

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    Imagine how unfit and unhealthy many people will be when they come out of isolation :) Must be a business opportunity there for WTW?
     
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