This news comes from the same bozo that didn't know why the stock was up in after hours yesterday. Do you spend all day thinking this garbage up so that you can have something to add at the cult circle jerk?
Ackman looking for fresh cash as pershing clientele are wary of ackmans stock moves. Instead of investing i believe redemption is happening at pershing sq. Why else would ackman cash in a winner like cp? HE NEEDED THE CASH!!! What actually happened for gotham to go broke? Jmho-bucko
"Why else would ackman cash in a winner like cp? HE NEEDED THE CASH!!! What actually happened for gotham to go broke?"
Sounds about right. Ackman is not closing his short in HLF to raise cash to buy Fedex or whatever company, he is raising fresh cash. Good luck with that. But yeah, he could be planning on taking some or all of his CP proceeds to cover his HLF bet.
As for Gotham, Ackman was a nobody until he partnered up with Leucadia and unsuccessfully bid on Rock Center. Gotham went down because of Billy's bad bets on Target.
As recently as three years ago the clown owned nearly 40% of Borders. Yeah, THAT Borders the one that's belly up now. What's Billy's deal with bookstores, anyway? LMAO
Ackman is a good for shorting HLF but I am pretty sure he is raising a bil to fund his latest bet. His pr said he's got someone ready to pony up 200 mil. So I don't think his long bet on Fedex or ADT or whomever will effect his HLF short bet.
Who would ante up 200 million and have ackman handle it? Just look at jcp. Ackman is not only heavily long 25-30.00 higher than current jcp pps but ackman is on the jcp board. He helped cause the jcp demise. Jmho-bucko