WTW is going up but this debt is too much. I think Oprah need to start losing weight fast by not eating anything and giving credit to WTW diet to fool everyone till she dumps all her shares and options.
Pre-market at 39.25 and high of 37 during regular trading and now 29. This scam is poison.
Shorts are just too strong. LL gave up most of the gains.
I am hoping that LL will be over 30 after earnings and on some positive news soon.
Option exercise price for new CEO will be the closing price on 11/9. I hope some positive announcement from testing agencies comes before that and LL goes to 30+ on Monday.
LL will be over 30 in few weeks as ....
1. Not many shares outstanding
2. High short interest
3. Turnaround in process
4. Management totally committed to get to basics
5. Time to buy looks like is NOW to get max return
6. From uptrend and volume it appears that Funds are loading up
7. If there was a real health issue with the installed product then these consumers agencies would not have waited this long to keep the floors in place. It does not take more than a week or two to do these chamber tests.
8. Company is financially sound
9. News clearing LL of any liability may be coming any day and then it may open at 37
Assumption: LL product under investigation meets all safety standards.