re: Just Want to Share a Trade I Put On Every Year That Works

quote:

---

Was Friday a high volume capitulation bottom? Looks that way

---

Why do you think this?

Is it because WTW is only down -.75% now today?

Has nothing to do with Berkshire. Do your own research.

quote:

---

Strictly going by volume. Nothing else.

---

Okay, but doesn't saying a stock has hit a bottom imply the stock is going up now?

And WTW is now down over 1% today.

I only ask because you said we're learning from each other and I'm trying to learn something from you....

You said ANY price, not any price of WTW

quote:

---

You use the low ($31.58) of the high volume day as a reference point. Think of it as a washout.

---

For anyone who is still interested in the OP's recommendation to buy WTW, the stock is now trading at $29.51.

That's down more than $2/share since the "capitulation/washout" price it hit on 1/14/19 according to Hussss.

Since he posted his OP on 1/10/19 urging everyone to buy Weight Watchers, the stock has lost a little over -18%.

Good call, Carnac the Magnificent!!

76% of the time it works every time.

WTW is down another 5% today with 6 days to go.

Now at $29.08, down from $36 on the date of the OP....almost a 20% decline.

Should’ve bought puts on this. Would’ve made some nice coin

Where did this guy go? Looks like he hasn’t posted in over a month lol

Hussss on 1/10 recommended buying WTW when it was at $35.35. He said he bought 1k more shares the next day when it went down 10% to $32.

He based his recommendation on his belief that fatties join Weight Watchers in January to meet their New Year's resolutions to lose weight.

He told us WTW would report earnings today and we'd likely see a nice bump above the 1/10/2018 price mentioned above.

WTW closed today at $29.57, down 16% from the 1/10/18 price.

Here are excerpts from the earnings report from about 20 minutes ago:

quote:

---

WW, formerly known as Weight Watchers, shares cratered 28 percent Tuesday after the company posted disappointing fourth-quarter results and gave a weak 2019 forecast as the company tries to pivot to a wellness company from a diet brand.

---

LINK

In after hours trading WW (formerly WTW) is currently trading at $21.87, down 26% from today's close and down 38% from the day Hussss advised the board to buy WTW.

Raise your hand* if you took his investment advice. (* puts both hands down)

ETA:

Maybe he will come back around December and tell us to buy EA because they make video games and kids buy video games during Christmas so that must mean huge profits!!!!!