...Pershing Capital has zero in assets and Ackman will have lost it ALL. Lets make this the mother of all squeezes. Of course, the banks are probably getting ready to tap him on the shoulder asking for more collateral, but if HLF goes parabolic, its all over for Ackman. This is going to be like the silver market in 1980 when the Hunt Brothers went bust.
HE is not suicidal. I'm sure he has a point where he knows he MUST cover and Carl Icahn is smart enough to know how to keep pushing the button.
This is market manioulation at its finest but there is nothing anybody can really do; Ackman did this to himself.
It just shows that Ackman thought he had power that he doesn't have; just say something about a company and 1)people believe it(obviously not so anymore) 2)somebody bigger and smarter can see more oppurtunity going against you than going with you(carl ICachn)