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Herbalife Ltd. Message Board

  • octopus1_2000 octopus1_2000 Jun 13, 2013 1:39 PM Flag

    $50+ is Ackman's Breaking Point in my Opinion Based on His Past Actions

    Every time HLF starts creeping towards $50. the Hort Seller hit job stories hit the media. Herb Greenberg/CNBC and the Short Sellers gang start grasping for straws in an attempt to halt the momentum.

    This is my opinion, but go back a few weeks when HLF hit $50 and CNBC reported that Ackman's staff was aggressively petitioning the FTC to investigate HLF. The stock reversed and hit low $40's. Yesterday's great news gave HLF some momentum again, so today the Congresswoman conveniently decides to go public with her FTC request against HLF.

    However, HLF is very green and moving up.

    Let's see what the next act of desperation is for the Short Sellers.

    Any price over $50 for HLF will cause a quick rise in share price and the squeeze will begin.

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