Five months ago, I talked about the halo effect Oprah Winfrey was having on Weight Watchers,
The Oprah Effect Strikes Weight Watches
Nevertheless, due to the Oprah Effect, the stock price of Weight Watchers is up a staggering 1000% since Oprah took a stake 10% in the company some years back, became a board member and become the face of the program, and appear in ads and commercials.
So on Friday, when I saw the price stock in the $30s I had to investigate. In March of last year, Oprah made $110 million by selling 2 million shares in Weight Watchers…that was a