Weight Watchers Collapses

Added on by C. Maoxian.

This thing has been going down for ages but really collapsed today (-35%) on earnings.  I looked at the top ten shareholders (as of 12/31/14):

Invus Public Equities Advisors, LLC 51.94%

Fidelity Management & Research Company 10.55%

Capital Research Global Investors 6.23%

First Manhattan Company 4.88%

Millennium Management LLC 3.34%

North Tide Capital, LLC 3%

The Vanguard Group, Inc. 2.97%

BlackRock Institutional Trust Company, N.A. 2.49%

Camber Capital Management LLC 2.02%

Putnam Investment Management, L.L.C. 1.9%

There was a lot of opportunity to short this at around $15 after hours (it looks like) ... surprised it tanked under $12 during the regular session.  Usually 90% of the move happens after hours, and just scraps are left for the normal market hours.