I don't want anyone to lose money. I wish we could all win. I was short HLF this morning. I realized Ackman was wrong. Not only did I cover, but I went long, and I'm damn glad I did. I have very little respect for HLF's MLM scheme, but it is not an illegal pyramid scheme. The company is unethical. But it will not get taken out by the FTC as Ackman believes. I will see you all at $80 per share tomorrow.
You are an idiot. Have you ever heard of a wash sale? Your tax man will advise you next year! I read some of your other posts, you are one of the bashers that have been posting #$%$ here and now you have to pay for your mistakes. I seriously hope you did cover today, but after reading your posts about this "pyramid" scheme I doubt if you went long. Just covering your tracks so you don't look even more stupid.
K, just did some research. Yeah I guess it would be a wash sale, so I can't claim the tax loss. Big deal lol, I made way more by going long today than the tax loss lol... I lost $2 per share but gained $12 per share? Yeah I'm way up.... Plus I'm Canadian so I'm not even sure if that applies to me, wikipedia states US and UK laws but makes no mention of canadian.