I just watched the video and you shorts have to be the most ignorant people alive. Herbalife cut ties with him because he wasn't following the rules. That makes Herbalife look even better in the eyes of regulators as they are showing they are in the highest regards of following the laws/rules...
See below-This was reported 3-4 weeks ago--also where is the news story on CNBC?? Link? Finally, look at the AH volume below close 300 shares close to the bid and 1000 shares way off--If this was real news to anyone in the know, wouldnt it equate to a more substantial volume?--I think alot of people here are mad that the stock rebounded (albeit it wildly) today.
But they hired as we speak another 100 today. so what difference it makes. If that distributor is doing anything bad then he will be under fire. If anything he did violated company policies then he will be liable.
the issue is with distributors selling sales leads and motivational cd's. that is where the big money is for these individuals in MLM. this is something that goes to the point that there is no real business. you make $ fromthe business of selling a business
Nice try guru (or is it Ackman?). The only way you should be happy as a short is if FTC or DOJ sues HLF for being an illegal pyramid scheme. Any other news is irrelevant as HLF is trading at a huge discount. Any hint of a clearance from any government entity coupled with Ackman's irresponsibly large short position would provide a squeeze the likes of which haven't been seen. HLF could shoot up to $70 within days!! Sounds absurd but so does Ackman's persistent egotistic posturing on this issue.