New investment thesis for longs. No real interest to short siders.
As you know if you have read any of my previous posts I have been a bull since last December. I started with only a 1000 hare purchase and continued to buy as late as August. Sold puts bought calls and deep in the money leaps. I have made a fortune. I am very thankful and I have given back some . I sold last week and announced my departure.I have been fortunate as Obama, Boehner, Reid and Cruz et al are making a mockery of governing and gave me a sell signal on sentiment along with Ackman's partial surrender and huge loss these factors sent me to the sidelines.
Now I am ready to take advantage of the contagion that has sucker punched the market over all and HLF in a manner that is outside of any real lasting fundamental or technical circumstance. The EPS has never looked better, the stock has blown a lot of pressure off and new and old shorts who were previously burned have misinterputed this as a short opportunity. Indeed but such a short duration one that most will lose money on the reversal that is ready to begin. Unfortunately I do not know the precise time of this reversal but it appears to be coiling now. I will take a calendar spread today most likely to begin my re-entry for the second leg of the Ackman demise. The government will come to some deal it may not be a good deal but it will signal the release of the coil effect and the shorts will lose their collective butts again and I will profit and I know many of you long term successful longs will enjoy the snap back. The FTC, SEC, and Congressional nonsense is over with regard to policing this company. The growth of the business is still excellent and the international growth between China and India will be breath taking. After all they understand nutrition in a way that few Americans really grasp and the chance to make a few hundred or thousand dollars a month in addition will be seized upon. The growth of China and India will dwarf the outstanding success of the western hemisphere by comparison.
I agree with your thesis but there is even more that you did not comment on and that is the continues strong growth of the US and all countries except Korea and I understand they are working hard to bring Korea back to solid growth. Good call. The trend remains long as far as I can see.