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2/26/2016 1:21:47 PM http://nymag.com/scienceofus/2015/10/why-weight-watchers-doesnt-work.html ... "Oprah will get an impressive return on her investment" Traci Mann, Ph.D., is a professor of psychology at the University of Minnesota and the author of Secrets From the Eating Lab: The Science of Weight Loss, the Myth of Willpower, and Why You Should Never Diet Again. --*-- Since the stock’s post-Oprah investment closing peak of $26.61 on Nov. 18, Winfrey has seen paper profits of as much as $97.4 million evaporate. But Winfrey bought her shares at the Oct. 18 closing price of $6.79, filings show, meaning she is still up $28.7 million, or 66%, on her initial investment. If she exercises her option to buy an additional 3,513,468 shares, at the same price of $6.79, she could be up as much as $44.5 million on her Weight Watchers bet. Winfrey has to wait nearly 20 months before she can start cashing in, since she made a deal with the company in October not to sell any shares for two years, subject to certain limited exceptions. http://www.marketwatch.com/story/oprah-takes-a-27-million-hit-on-her-weight-watchers-investment-2016-02-26 |
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