Trade Of The Day: WTW

Today, we shorted Weight Watchers International (WTW) at $55.82 a share at 11:55 AM EDT in our Real Time Alerts. With the stock trending lower over the past week, we saw an opportunity to short it on green. The company recently lowered guidance and put the blame on Superstorm Sandy as well as investment costs. We think there's more to the story as the stock fails to trade above its TAIL risk line.

 

Trade Of The Day: WTW - image001