I am far from being a day trader, I just check for sudden opportunities when I can. But all the cash I had available two weeks ago went into Weight Watchers, so now I'm out of dry powder. MCP is still very risky but I went with the odds. Under $3, it won't take much positive news to push the stock higher. In the short term I'm more interested in their ramp up and debottlenecking progress. That's the big information I'm waiting for, early August...
I bought and sold about 3K shares two weeks ago for a quick 30% but I missed this 20%+ run since yesterday. Ah well, can't win them all. I'm still holding to my core position @ 2.75. Let's see in two years!
There's nothing you can do about it. Many tried with Muddy Waters, Citron and the likes. You can't sue someone or an entity for formulating an opinion, even though it's obviously for manipulative purpose.
Due to recent trade agreements in the past few years, black and green tea are available pretty much everywhere. This is one of the biggest threat to Weight Watchers. It is proven that drinking lot of tea can prevent obesity. Also, boiling water makes you sweat, which also leads to weight loss. When you're finished, you need to clean that cup of tea and it's no easy task. The total calories burnt in the whole process of drinking tea is exponential. Weight Watchers is going down!
... and Ackman will be laughing all the way to the bank. You think he "failed" this presentation? Longs just gave him a chance to short from a much higher price.
So let me get this straight. I said that you must be Chinese because you write so badly ("weight lose" should be "weight loss") and you are proudly saying that no, you are really a smart investor who knows what he's doing. At least if you pretended you were Chinese you'd have an excuse to write like a five years old...
Yeah but I'm more afraid of something called "orange juice" because it's healthy, contains no fat and is easy to get. Gardens require a bit of work, but this device called "orange juice" just requires a few dollars!
Ah come on stop with your lies and misinformation, they're complete rubbish. Frozen diet dinners have been selling for ages, way before you were mistakenly born.
Weight lose? Those edge funds sure don't hire English speakers to do forum bashing. I guess hiring Chinese is cheaper.
These meals existed way before the internet, and yet Weight Watchers was making huge profits. If you're so desperate to bash Weight Watchers with dozens of negative messages every day, at least try to find arguments that make sense!
Free programs existed a long time before the internet. It's called eating less and eating well. But some people can't do it without human support. The internet and phone apps won't make people thinner, but it sure helped bring WTW to interesting levels!
Well, good luck to you if you think the price will go much lower than $19. I am betting that it will rise within the next six months, but who knows? There's also the possibility that it sinks much lower before rising strongly, then everyone wins.
Let me get this straight. You are celebrating as a short because WTW is down 1% today? You guys are truly desperate. I bought a stock last week which lost 90% of value over the years, and gained 30% in two trading days. WTW is like a sleeping elephant in comparison, up or down.