Good golly! He decimated Bill Ackman's Short thesis. I mean he killed it.
Who saw the CNBC Half Time segment?
Most impressive segment I have heard on HLF. This man is a very bright no nonsense kind of investor. I like his analysis and I like the way he spoke of Ackman. Some respect for his accomplishments but skewered him for his missteps. More I was really interested in his outlook. If you want to get on the right side of this trade team up with Chapman, Ichan and Soros on this one and play the blood game.
Excellent performance by Chapman. Crisp, concise and substantive comments on the regulatory risk and the current valuation. Longer term, the Phillip Morris comparison was also very interesting.
I think you also need to take note of his silence on any squeeze potential, and disclaiming of any knowledge of Soros' position. My guess is that the squeeze is actually sufficiently likely that the big long funds in the stock are being very careful to avoid any inference that they are colluding. (And I'm not saying they are, they know the laws well and are careful, but its still best to avoid even the inference) So, ironically, I think the silence on the subject actually indicates it is more likely than if they were talking about it.
I agree with what you are saying, but I have always found it strange that shorts have more rights than shareholders. They can short 20% of outstanding shares without declaring their postion, a long has to go public at 5%...really strange.