% | $
Quotes you view appear here for quick access.

Herbalife Ltd. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bbandassoc bbandassoc Nov 28, 2012 3:42 PM Flag

    For those that follow technicals

    Feel like I may have largely filled the gap myself. It bounced hard off $44.80 about 10 days ago. Looking for it to do the same here, though it got a boost from the market last time too.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Is there a chance that there's something else going on with the company causing the stock price to behave like this other than the fact that some long term holders are still unloading for tax reasons ahead of the higher capital gains tax law that may be coming?

      Sentiment: Hold

      • 2 Replies to ghadji
      • IMO, it's quite unlikely something sinister is going on here. It wasn't too many years ago that the SEC investigated them and gave them a clean bill of health. I was CEO of a public company and when the SEC gets in your shorts, you make certain you avoid giving them any reason to come back in. Also, the recent challenges with Einhorn would cause them to review their situation and make certain they are very clean. So, while I don't know why the stock would be falling to these levels other than a combination of tax loss selling and weak hands of owners of a broken stock, I view it as a nice buying opportunity; just as I did AAPL when it got below $525 last week or so.

      • someone on Twitter made a cryptic reference to a negative article about MLMs "that originated in India" in the past few days. no idea what he's talking about. anyone know?

    • I really want to be in this stock but when I picked up a few shares 10 days ago at 44.95, i watched go to 48 plus and then I noticed it turned sharply down. I got out at 47 and waited. Got back in today at 45 again in hope that it will turn up for good this time. I will be watching closely because I am not yet convinced it was time to get in and on the other hand I didn't want to miss it when it turned positive again.

      Sentiment: Hold

60.50-1.43(-2.31%)Aug 26 4:00 PMEDT