iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Forget The Book Club: Join Oprah’s Stock Club

Shares of the odd, AA like institution Weight Watchers International are soaring pre-market after Oprah announced she took a 10% stake in the company.

The media titan declared her agreement to hold the shares for no less than five years, a vote of confidence from one of the most influential people in the world.

Oprah_W

This may become a new trend—billionaire endorsements. Who needs corporate buybacks? Last week Ballmer buyers Twitter, this week Oprah buys Weight Watchers, what’s next week? Giorgio Armani buys Crocs?

Anyhow, let’s look back on when Tom Cruise went full Scientology on Oprah’s couch:

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. Mayor of the Bronx Bar
    Mayor of the Bronx Bar

    Wonderful lede.

    • 0
    • 0
    • 0 Deem this to be "Fake News"