Currently HLF is not trading at fundamental at all, it is a battle field.
So the questions you need ask yourself are:
1. Who do you think will win, Carl or Ackman? and why?
2. The battle will likely end this year, If SEC cannot get Madoff then, Can SEC found anything from HLF now?
3. Do you think HLF has enough captial to survive for a couple of years?
After the battle ends, you are more than welcome to ask those fundamental questions.