there is a broker with a target price over $100/share
how is that possible. on Oct 31, investment analysts at caris and co raised their target price on shares of herbalife from $90.00 to $101.00. Wow. I wonder if Ackman has ever met an herbalife distributor other than the lady/analyst in the audience? I assume he would of sought some out to get the real take. But he didn't mention it. Why? I think the truth is that most distributors don't match the claims he was trying to make in the presentation. Nobody is getting into Herbalife as a get rich scheme. Nobody is that dumb. They are doing it to try to make a few extra bucks to make rent or something. Thats it. The herbalife literature from the presentation even shows that very few make over $6000/year. Most of Ackmans areguments can' be disputed easily and some have flawed logic and just trying to paint the company in a bad light.