Ackman will have to cover everything if tgat were the case. The FTC and sanctioning HLF is his only card. Woww this next weeks will be interesting.
wowww what a recovery. I think the weak people that sold on panicnis realizing that all this FTC investigation news is just a standard procedure on every company. No biggies. I'm a happy camper with such an opportunity of buying today. Lil shorts, keep covering :-)
not so sure it will take much time. hlf was already been put thry the mri machine more than once. imo, if i was a ftc exec. i would not appreciate a hedge fund using my agency to prosper on a short position in the market. if ftc is going to look then sec should look into the puts that were bought just prior to ackman's announcement. this is so personal that even a novice like i would not come the aid of ackman in time of need if i came along him on a desert highway and he was broke down. jmho-bucko
Exactly. The idea on this big player swings is to be on the right side at the right time. Today I bought at Low $30. I think the news were to panicky. Every company that sell a product or a service gets complaints so 190 from HLF is peanuts, just imagine the Airlines and crefit card companies? they get hundreds a day! more likely.