The real question sva is this, what fughkkin rock did an IDIOT like you crawl out of? Is the price moving enough to get your attention to cover your short? I would wait until $50 to cover.
via Market Trader......... Comparing Ackman's attack on Herbalife to what happened in 1985 is like comparing a Nuclear War to a snow ball battle. Ackman is clearly a man with a huge ego but bankrupt on facts.
Ackman made the statement, "They (Herbalife) have never had someone like me go up against them. Ackman should check history. In 1985 the FDA, FTC and Attorney Generals in m any states went after Herbalife. There were senate sub committe hearings. Every newspaper in the country was attacking Herbalife on their front pages. Every television news show was talking against Herbalife. CNN did a 16 week expose on Herbalife Forbes and Wall Street Journal did a massive smear job on Herbalife. But what happened? Herbalife was cleared of all charges and went on to go from over $500 million $$$ in sales to now over $5BILLION and close to $6 BILLION in sales.
BUT....Ackman may have a point. Up to now, now one has distorted the facts as much as Billy Boy Ackman has OR perhaps had as much to gain (to save his failing fund) as Billy Ackman. So he is sort of unique. Not accurate or truthful but unique and definitely different. One thing remains the same and that is that Ackman will lose this battle, in fact he already has. The FTC checked out Herbalife nearly 30 years ago. The FTC also checked out Amway way back in 1979.
Case closed. Shorts lose
Sentiment: Strong Buy
Besides "The MX Missile" "Nuclear War Attack" from 1985 and FTC Investigations ad nauseum since the 1980's, Herbalife also survived the tragic death of their founder Mark Hughes in 2001. Everyone thought the company was dead. The "guru" was gone. Enter Michael O. Johnson and add 65 new countries and over $4 Billion in additional sales. Nowhere to go but up. Herbalife forever.
Nobody can make a fool out of Ackman. Why? Because he does such a good job of it all by his lonesome. Man has a huge ego for sure. If only his expertise matched his ego, he would be awesome.
Sentiment: Strong Buy
Will anybody really miss Ackman when he is gone? Perhaps he can get a job as a Pro Wrestling announcer. Billy seems to be well acquanted with reporting falsehoods and things that are fake.
Interesting analogy. The first time I he ard Ackman's extremely biased theory on Herbalife I likened it to a snow job. All traders need when Ackman speaks is a snow shovel.
Every Day some dippy comes on here and asks the SAME Question, Is Ackman Done? Is his Career Over?
No, skippy Ackman's career is NOT over. His investors are Currently UP a little over 200 MILLION DOLLARS, and he has no worries. Ackman can Buy Back his shares in less than a week without causing the price to rise by more than 3 or 4%.
So UNLESS you personally know some funds managers, shut the hell up. YOU are being a crybaby.
Yes... if he wins, he will have blood on his hands.... many people will die from being overweight, millions of jobs gone and all the public's pension funds who invested in HLF will now be in Ackman's pocket. That sounds like it is a real white knight on the way to stardum... Dum...Dumb... Dumb....!! Enough said...