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Herbalife Ltd. Message Board

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  • onehandsome_mexican onehandsome_mexican Jan 1, 2013 1:49 PM Flag

    New York Times......Read it

    Downside is limited by the fact some but not all have covered. The presentation that's on deck will keep new short positions from forming. I agree the price wont fully recover as some might suggest. No way, it's a wounded stock. But another big push is happening based on # of shorts and the fact that company buyback may also be kicking in. At this point the momentum is still with the longs and will continue until we see some resistance, my guess around 35-36. I just keep adjusting my stop a buck under as it scales up.

    Sentiment: Strong Buy

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