Wtw - Weight Watchers

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

  1. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    943
    Likes Received:
    18
    There have been and continue to be a lot of changes at the company - they will take time to bed down although I think we will soon see the benefits of the first phase of change. There will come a point when the company will start to look at acquisitions to reduce dependence on one particular income stream. Personally I think we could see some massive changes to the makeup of the company over the next few years.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    344
    Likes Received:
    7
    I will certainly be following OW a lot closer the next time she decides to invest in a company and take an active role. She is no fool!
     
  3. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    230
    Likes Received:
    5
    While the OW share sale did spook the market for a short while - resulting in a fall in the price as the shares were placed - I dont think it has impacted the positive sentiment the stock has created over the last couple of years. Still a long term buy in my book but I wouldnt expect any short term fireworks.
     
  4. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    943
    Likes Received:
    18
    I dont expect an awful lot of volatility in the share price in the short term - maybe the next set of figures will get interest moving again. However, it was intriguing to see demand from institutions for Oprah's part share sale - I cant see much downside and still positive long term.
     
  5. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    344
    Likes Received:
    7
    Profit takers out of the way, looks to me as if the shares are headed back towards the $75 level and could very soon be pushing to new highs. There must be serious demand for this stock for Oprah Winfrey to be able to place that number of shares into the marketplace. Those who criticised her part sale after a monumental rally in the share price need to remember she still holds a significant stake
     
Tags:

Share This Page