" HLF sells all of its product to distributors, who in turn resell it to customers." There is ABSOLUTELY no proof they resell to customers. they self consume, give it away and if they do sell to non distributor customers it is quite often at a huge DISCOUNT even to their own cost. See how simple the model is!! They DO all these things to try to build a down line to gain perpetual income. It does not work for 99.9% of them but they keep trying because people like you keep enticing them in with false promises of riches and perpetual income.
Ackman could have made a mistake on HLF. He is not wrong about the merits of the company imo but he may have made mistakes in execution. What Ackman thinks is NOT the relevant point however. The company is GARBAGE no matter what ackman or anyone else thinks.
Both VRX and HLF are garbage stocks. VRX may be the worse of the two but HLF and other MLM's are worthless business models that prey on ignorant and desperate. HLF sells overpriced sugar shakes primarily TO its delusional distributors. VRX buys pharma formulas and jacks up the price. VRX also put a plan in place to pay the high co pays of patient scamming the system s to really milk the insurance companies paying the bills. It was a total fraud. Fortunately, it appears the end game is in sight for both of these abominations of companies. Can not happen soon enough for me.