70 0 6
Weight Watchers has been a wild ride for a few months, however recently the addition of Oprah to their team, and their first positive ER in years, might be enough to turn this company around and bring it back for round two.

The most recent ER came out beating yet stock the next day plunged, in the long term though, all that seems to have done is confirm a trend.

I believe we'll see this cruise back to the $14-$15 range by the end of the month, then possibly testing the trend once more in June - July, into the next ER which now many will expect to be positive.

WTW's projections for 2016 are looking good and Oprah plans to only expand her role in the company even more.

Though I typically would not be interested in investing in a company such as WTW             , I believe there is money to be made here.
Comment: So far so good, but we're really going to see it test this support in the final day of this week (tomorrow/Friday 6/16/16). If it holds here, I believe this will stay up in the $14.50-$16.00 range until it breaks through the ceiling Pre/Post-ER.

If it falls through though, we could see it take another whole support level step down to $12.00

I'll be waiting for that confirmation either way before I decide to add more.
Trade active: Added at $12 and price is currently $18.50
Still holding.
Trade closed: target reached: Forgot to update this idea. Wow though, WTW really rallied hard these last few months. I knew it had some upward potential, didn't think it would see the $40 that it gap'd up to today!!
Started this long early 2016 when I first started investing and accidentally bought the highs. Averaged down as much as I could in the lows, and held on tight.

Had about a $13.50 average and rode it to $27.50
I was more than happy with an %80+ return over 16mo.

Lessons learned here were how well patience can pay off, stick with your gut feeling despite the nay sayers, & hold a little at the end just in case it keeps running.
Had I held, I could not see myself keeping that position past $32, I would have thought it would not go higher at that price for sure.

Almost tempting to short it at these levels.
Maybe another day.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out