Wtw - Weight Watchers

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

  1. gowiththeflow

    gowiththeflow Senior Investor

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  2. Buyonthedips

    Buyonthedips Senior Investor

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    Doesnt look like this one has bottomed out yet - wonder what is going on behind the scenes to prompt such a slump in the share price. I am sure Oprah could buy the whole company now :)
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Still no support for the shares and the recent downgrade has not helped. If I didnt know better I would say there was a huge seller selling down their holding but who would be selling in big volume at this price. Doesnt make sense - any ideas? Is Oprah selling up or is she locked in?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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  5. longtermbull

    longtermbull Administrator Staff Member

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    This share price movement smells very fishy to me - its gone from being the stockmarket darling at $100 a share to bombed out in the $30s. Just doesnt stack up to me?
     
  6. fireopal

    fireopal Senior Investor

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    @longtermbull agree & was totally shocked to see it this low after being away - unreal! BUT might wanna keep on radar for reversal - partnership with Khols announced i think yesterday or maybe the day before + have been seeing some new O commercials.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    Hi @fireopal

    Unless there is something seriously wrong with the company and its finances, surely this is getting towards takeover levels? Nice cheeky bid?
     
  8. fireopal

    fireopal Senior Investor

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    @gowiththeflow Don't remember when O's contract is up but believe i read that her pulling back and focusing on other things is the cause for the decline here and if true then, they are going to have a very hard time finding a replacement that will drive this stock back up to the levels it was reaching before her first sale and ventures into other things imo.
     
  9. gowiththeflow

    gowiththeflow Senior Investor

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    The fall may well be overdone - then again I think (from memory) the shares were circa $12 before she joined. She has added a hell of a lot of value along the way! Surely once she steps back those contacts and changes she helped introduce cant just disappear overnight?
     
  10. longtermbull

    longtermbull Administrator Staff Member

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    The shares really are in a bad bad downturn - just when you think the worst is over they take another lurch down. Oh how the mighty have fallen!
     
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