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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (53841)4/30/2014 11:01:01 PM
From: Lazarus  Respond to of 78753
 
Good question and I'm not sure at this point. Actually the bounce was due to a good earnings.

Weight Watchers announced earnings on Wednesday with a bit of a surprise for investors. Analysts were expecting earnings of $0.09 a share on $399.2 million in revenues, but Weight Watchers delivered earnings of $0.38 a share on $409.4 million in revenues. CEO Jim Chambers stated that 2014 would be a tough year for the company and he's right.

Given the short ratio is around 49% I'll have to give it some time to see how it plays out. I'm thinking short covering here could take it a lot higher.

My dad, wife, and several of our friends have used Weight Watchers with great results. My dad lose around 40 lbs.



To: Spekulatius who wrote (53841)5/1/2014 10:12:03 AM
From: Lazarus  Read Replies (1) | Respond to of 78753
 
Since it was only a trade and my second go on it since I noticed the mention here I bailed at $24.97. My first go at it I only pulled around 50 cents off the trade.



To: Spekulatius who wrote (53841)5/1/2014 2:10:49 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78753
 
WTW - the revenues are still dropping and based on current earnings it's not even cheap. So any investment right now assumes that they will reverse the revenue drop soon and will grow earnings from here on.

I am still skipping. Congrats to whoever made money on this.