So what, that does not mean everything he said about HLF is lie.
If you heard the webcast of the FTC busting a company for a Pyramid scheme.
I thought they were talking about HLF,
they were making the exact points Ackman use against HLF.
I believe HLF will heard a knocking on their door and it will not be avon callling.
news like this takes out all the liquidity from the market ..there won't be that many offerings tomorrow and the spread will be much wider. Institutions will step a side and most Market makers too..Pretty much hedge funds and few small time retail