that it drops another 3-4 tomorrow and maybe 2 on thursday. Everybody wants it that way, HLF probably would buy back more at those levels. So would Icahn and any new big hedgies. These guys know how to time their trades. I think it'll bounce from friday. But the bottom looks like 32 at some point on thursday.
The company was never in danger of scrutiny because it was reviewed in the past without any red flags. Yesterdays event proved that because FTC could have also attacked other companies but they didn't. How inefficient would it be if they took on each company one at a time? So, yesterday was basically a trigger for a quick short trade session for Loeb, Icahn or any other players to bring this down, cover after a few days and then load up along with HLF.