First of all, Ackman has no basis in his so called thesis. It is more like a novel, fiction, may be even science fiction.
Secondly, I am sure that HLF would have hit over $100 by now if it wasn't for Einhorn and then Ackman. The b.s. scared a lot of investors off. However, the stock still remains fundamentally sound. Company is solid and nect earnings coming on July 29th should show an even larger increase in growth worldwide, especially in the Asia-Pacific region.
Third, look for Ackman to cover when Hlf goes over $50. This could and should HLF to over $70-$80 easy. By the way, have you noticed that Ackman is selling puts on HLF? This is a bullish strategy. Also note that August calls have been unusually active. A lot of bullishness out there and the shorts have been noticeably silent.