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Honored Contributor
Posts: 20,648
Registered: ‎03-09-2010

Re: Oprah loses $27 million in WW shares

For whomever asked about Oprah owning WW (couldn't tell as it looked like maybe it was two people in one quoting box - or not?) - 

 

Oprah does not own WW.  She owns a very small percentage of shares.   I think it was like 2% but somebody please correct me if I am wrong and you have factual info.  Smiley Happy

Respected Contributor
Posts: 2,193
Registered: ‎03-18-2015

Re: Oprah loses $27 million in WW shares

Oprah has some deep issues regarding her eating habits and no program is going to help her, as she has proven.  Her life has been nothing but a roller coaster of losing and gaining weight.  Therefore, she has been unsuccesful in her quest to lose weight. 

 

She would have been the last person I would have chosen to represent a weight loss program.  Have some more bread Oprah.

"Never water yourself down just because someone can't handle you 100% proof."
Honored Contributor
Posts: 33,580
Registered: ‎03-10-2010

Re: Oprah loses $27 million in WW shares

The stories about this have been everywhere and are easy to find online.  Here is a link to a story on CNN Money:

 

http://money.cnn.com/2016/02/26/investing/weight-watchers-oprah-winfrey-earnings-stock/index.html

Respected Contributor
Posts: 4,520
Registered: ‎03-04-2012

Re: Oprah loses $27 million in WW shares


@Pearlee wrote:

On what basis, OP, are you stating the title of this thread?  When people make statements such as this, I expect to see some kind of documentation as to where they are coming up with it.   Anybody can post anything.


@Pearlee - http://wgntv.com/2016/02/27/oprah-loses-27-million-in-weight-watchers-purchase/

Esteemed Contributor
Posts: 5,546
Registered: ‎02-02-2015

Re: Oprah loses $27 million in WW shares

There are quite a few complaints out there.  For one, people have complained that the points changed but the products ww sells still have the old point values on them.  Many people have complained they tried to cancel the plan and it seems they can't get ww to stop billing them.  WW used to be a reliable plan for people with no problem stopping the billing when you were at goal or ready to stop.  Now it sounds like it's impossible to stop the billing.

Esteemed Contributor
Posts: 7,358
Registered: ‎03-27-2012

Re: Oprah loses $27 million in WW shares


@Lipstickdiva wrote:

The stories about this have been everywhere and are easy to find online.  Here is a link to a story on CNN Money:

 

http://money.cnn.com/2016/02/26/investing/weight-watchers-oprah-winfrey-earnings-stock/index.html


 

Thanks for posting a link @Lipstickdiva. I borrowed a quote from the article to substantiate my original post,

 

"The value of Oprah's stake in Weight Watchers fell by more than $27 million on Friday alone. But don't shed any tears for her. Oprah is still sitting on about a $30 million profit since October. And she is continuing to eat bread after all."

 

 

Honored Contributor
Posts: 33,580
Registered: ‎03-10-2010

Re: Oprah loses $27 million in WW shares


@Snoopp wrote:

There are quite a few complaints out there.  For one, people have complained that the points changed but the products ww sells still have the old point values on them.  Many people have complained they tried to cancel the plan and it seems they can't get ww to stop billing them.  WW used to be a reliable plan for people with no problem stopping the billing when you were at goal or ready to stop.  Now it sounds like it's impossible to stop the billing.


I cancelled and I am hoping they don't bill me.  I don't even know when my plan is up.

Honored Contributor
Posts: 14,917
Registered: ‎03-09-2010

Re: Oprah loses $27 million in WW shares

she scared me with her "I love bread and I can eat bread everyday "ad...I don't know what it is about that ad but it makes me uncomfortable.

Honored Contributor
Posts: 33,580
Registered: ‎03-10-2010

Re: Oprah loses $27 million in WW shares


@chickenbutt wrote:

For whomever asked about Oprah owning WW (couldn't tell as it looked like maybe it was two people in one quoting box - or not?) - 

 

Oprah does not own WW.  She owns a very small percentage of shares.   I think it was like 2% but somebody please correct me if I am wrong and you have factual info.  Smiley Happy


It's 10% CB according to the article I posted the link to.  Smiley Happy

Respected Contributor
Posts: 2,656
Registered: ‎03-10-2010

Re: Oprah loses $27 million in WW shares

[ Edited ]

@Lipstickdiva wrote:

@JJsMom wrote:

I think WW has been hurting because of all the free fitness/diet tracking apps out there. Why would you pay for WW when you can use a free app like MyFitnessPal to track your calorie intake? A point system seems much more complicated that just counting calories. I guess WW does have a support group, which some may find helpful.


WW doesn't subscribe to the fact that all calories are equal.  Calories from a candy bar are not the same as calories from say fruit so just counting calories, according to that plan, isn't the way to eat healthy.  But I do agree there are too many freebie programs out there.  

 

I actually find counting calories to be more of a pain than counting points. With calorie counting, you have to enter absolutely everything you eat from lettuce to fruits to meats, etc.  At least with points, fruits and veggies are free.  I found it to be a complete PITA to enter everything I put in a salad.

 

But WW rolled out this new program too quickly and IMO they just weren't ready.  Things are a mess and people are frustrated with it.    


All calories are the same in terms of gaining weight. If you eat more than you burn, you will gain weight. It doesn't matter what it is. Now if you want to argue certain foods are more healthful, then I do agree with that.

 

You can rack up hundreds of calories eating fruit. I don't get why that would be "free."

 

Counting calories makes more sense for losing weight and is much more straightforward.

If you are neutral in situations of injustice, you have chosen the side of the oppressor. ~ Desmond Tutu