UP $1 today and maybe the same tomorrow, add in $6 million he will owe for the dividend and thats a 2 day loss of 46 million on HLF. JCP taking it up the #$%$ down almost 2% today and they come out with earnings tonight. That may not go well.
Ackman shareholders might starting getting a little nervous and PULL money out of his fund. Think what will happen if people start REDEEMING out of his fund while the stock price of HLF climbs. Double OUCH
Well, Pershing fund is structured so that its share holders can only exit out 1/8 of their holding each quarter. and the lock will continue after 2 years. So it is not likely he will get money out flow pressure easily.