He now says HLF will be out of business 1 year from now. Let's review, almost 1 year ago Ackman said HLF was going to Zero and he is currently 400 million in the hole and he has capitulated on 40% of his bet.
Ackman will want to close out 2014 with a bang and that means unloading HLF. This coupled with the eventual buyback with potential positive audit news is going to be the final nail in his coffin if he is not completely out of HLF by year's end. Then again his ego and perseverance is so great, he may actually stick it out to the very end and cover when pps is 100 plus.
We must be getting to the re-entry point when Ackman starts his over the top #$%$. The value is around 96. I am doing a chart analysis after 10: 30 today. I have not been able to get back in yet but it should be ripe very soon and run it right back up to 70.
Ackman is controlling the media and the message right now. Every single day he makes some absurd comment or one of his henchmen writes another silly article. It seems to be an all out attack and the long side is quiet. Not very friendly to the longs but this is what Ackman does best. He is a snake and a manipulator and I think his day for a perp walk is coming.