I'll tell you why we just added another 10k shares on the dip. He quipped he liked Ackman already because the squeeze so far had netted him $250m, but he said so far it was "only the daughter of all short squeezes" implying there was more to come....
Remember friends, he has two associates on the BOD now, so he has already seen the numbers for April, May and now June. Put simply, he knows the numbers and they are likely WAY better than promised thanks to Hackman's (LOL) backfiring publicity. Mgmt and IEP and all the comrades want nothing better than to nut crunch the dolts short here, and all the hedge shorts are soon to join the bonfire feed.
Remember, too, the bump from low $50s started only last Thursday... those short with big margin calls are now looking at #$%$ margin calls and funding those losses with a check or getting sold out. The idiots unhedged short who have posted nonsense here for months have earned their gnad shorning... so has Ackman.
And did you all see lowe's tweet about HLF's new product? He quipped that they are now selling "enemas to shorts as administered by Uncle Carl"... and we thought only we called him that. LOL
I think it is pretty obvious. Carl Icahn sits on the board at Herbalife, has no doubt seen the results of the last quarter or knows some big announcement is coming. I expect something big is going to happen today or on Tuesday during the conference call.
Right you were. Thank you for you insight and thank you Carl. I added to my POS when Carl made that statement. Intelligent investors can read between the lines. Naive investors listen to people like Ackman and end up broke and embarrassed.
Sentiment: Strong Buy
so this alexalehind is another genius here... would someone advise the twerp he really ought to read threads he is posting his ignorance on?
Here's what I replied -- right here on this thread -- to miningmoron when he was sharing his inability to decipher what I "informing" me Carl was presently restricted from buying more against Carl's comment about "Wish we has bought more"... but do start at the top for the only post relevant here!
"You must be #$%$? ROFLOL
My point was that he has insider info that precludes him from buying more, but, as he said, he wished he had before his minions went onto the HLF BOD.
As for my knowledge of the 33 and 34 Act and related safe harbor rules and insider trading restrictions? I'm have an MBA and i'm a securities counselor."
Again, Carl had full knowledge of April, May and June results when he said he "wished they had bought more"... Consider yourselves in the loop that blowout numbers are coming Monday (yes Monday). LOL
Icahn's presence on the Board of Directors significantly limits his ability to add shares of HLF. He cannot do this while in possession of knowledge about results. What you are describing would be outright "insider trading."
Earnings Monday... They should be all set to smash guidance (mgmt hates what Ackman tried to do to the story and stock), and the new auditor is in place -- not with audited quarterly results, but still they need to be comfy with the Q results which means they need to be comfy with the opening (March 31) balance sheet.
Special thanks to all the shorts and Ackman's whining to drive free advertising and promotion for HLF. Here we go back to $70 where Ackman started his arm waving and crying wolf. LOL
On the rip higher now... $65 likely when earnings are released Thursday, playing for $70 a day or two later... and the likely overshoot to $75 or more.
unhedged shorts are nut crunched here -- as they have been since $35