Television magnate Oprah
Oprah saw an immediate return on her investment when the price of Weight Watchers stock spiked Monday on the news that she was a major share holder.
The surge in stock price earned the billionaire a whopping $70 million today!
$70 million is peanuts for a mogul who is worth an estimated $3.1 billion, purchase according to Forbes.
Oprah is the 2nd largest shareholder in Weight Watchers stock.
Don’t you wish Oprah told you she was purchasing stock in the company? It doesn’t take a genius to figure out the Weight Watchers stock price was going up when trading opened on Monday.
Yeah, prostate that’s insider trading — and that’s how Martha Stewart got locked up — but wouldn’t you take that chance if it meant earning millions in one day?