Q: Are Loeb, Chapman and Icahn just going to sit and watch this drop..??
You have to think that when Loeb takes a $9 mill stake, or someone like an activist investor in Icahn, takes a large stake in a company that is teetering, there's something else going on behind the scenes.
Where's the lawsuit they were going to bring..?? Wheres Boies, who everyone said you need to be ascared of..?
When an historically active investor like Ackman comes after you and wants to take away your 89mill salary, you can't just let him walk up to you and take it..
The investor conference was terrible, so Hlf needs to step up. So buy back shares is great but there should be additional steps taken by the company to put Ackman down..
I'm curious if investors like those i mentioned ever speak personally with the CEO's of the company's they invest in to either offer advice or counsel when being pursued by someone like Ackman..
I'm kind of frustrated too and will be very let down if Johnson doesn't atleast try something. Ackman threw a well below the belt shot and Johnson so far has just taken it. Maybe optionstrader theory will come true. All hell could break loose on tuesday - Fingers crossed...
Ackman used all his "dry powder" on Herbalife when he presented his slide show. Johnson initially responded with both fists raised, but then collected himself and retreated to his war room. Sometimes silence speaks volumes. I believe the way Herbalife management handled this event so far is nothing short of genius. Herbalife is lining up an impressive arsenal of destruction on Ackman, and Ackman stands alone with no more firepower! (Correction, Vulture is there with him too, with his face painted all blue :)
Loeb has about $250+ million invested in the company. He owns about 9 million shares at around $30 is my guess. We don't know Ichan's stake and we don't know Chapmans stake because we don't know his AUM. 35% of what? We don't know.. As far as talking to CEO's yes they do. That is what an "activist investor" does.