Stick a fork in HLF shorts - they are done - 4 days left untill ex-div day
Investors will be buying to capture the dividend, shorts will be selling and other traders will be buying to take advanage of the excessive drop in HLF stock price. T/A people will be buying because the charts say - BUY, BUY, BUY
By the way, if you don't realize it, a lot of the guys on here pretending to be shorts are really those getting ready to buy and are buying in advance of the coming pop on HLF.
Investors have to be in before record date which is approaching in the next few days. Shorts have to be out at the same time. Hey, if shorts are confused on the record and div date, good. Let them get margin calls and pay the dividend.
Also look for a huge earnings run and new announcements. I understand that Herbalife is planning on expanding to 10 new countries and add new prducts to their product line. This will defintiely enhance sales and enhanced sales will enahvce earnings. Always good news for investors.
And let's put to rest any questions that shorts are trying to create about Herbalife's legitimacy. They are rock solid. The company is clean. Ackman and the shorts need to go to Egypt if they are interested in finding "Pyramids"
last ex-div was Nov 9 2012. Unless they started paying three times a year instead of 4 times a year, the next ex date is due about Feb 9. I haven't bothered to look it up, but I have the last one in my company notes. So we're within a week of all the shorts having to either cover or pay the dividend. with all the hoo-haa going on with HLF I can't claim to know how it's all going to turn out, but in normal circumstances where there is a large short interest, this coming week would be the week one would; expect to see a lot of covering.