You are way off base. I believe his cost basis is near the $37 number. Where are the 1,672,807 shares he purchased in December 2012 at avg. 32.18 ? All the shorts claim Icahn was in this because of the on air fight, Icahn was buying almost a full month before that on air battle took place. Not much that comes out of the short camp has any truth to it.
" I want to see the nasty HLF cult get hurt "
And that is our very own texexec in a nutshell. A nasty ugly person. Welcome to Ackman's world folks.
WHY do you care tex, you claim you don't even have a position? Has Ackman upped the pay for you bashers?
To summarize, you are incorrect. I just gave you the summary which is very close. Ackman is still down roughly 200 million. Dispute my math with some facts.
If he is not smart enough to cover his remaining 12 million shorts now, then he will be just as stupid as he was when he didn't cover for a substantial gain when he manipulated the SP down to the $20 early on.
Good luck to the right side, Longs.
NOPE. Ackman covered 40% of his short or 8 million shares late last year somewhere in the $70's. Those shares are booked at a loss, if his remaining 12 million were shorted at $48 then those may or may not be in the green. He has spent $50 million on Public attacks, paid 3 million in Dividends for 4 or 5 quarters, and he also has borrow costs and he paid a premium for his puts. Ackman is STILL underwater by $200 million or more. At least.
Doing what tex does best, making statements of fact without knowing the facts. I guess that's why everyone here thinks he is a LIAR. I mean, the drone actually did admit he was a LIAR, I'm not giving any new information here.
Hey ROUNDMOUTH, as you said it was my opinion not a statement of fact. You drones are dumb as rocks. Seems you have been servicing Hackman quite a bit lately. wow
This is what LIARS say on a daily basis, make up stuff and then tell you to search it yourself. If you can't back up your claim you are a LIAR. Seems fitting for you doesn't it tex since you yourself admitted as much on this board. Do your grandkids still ask you if you lie to them also? sad
If you followed tex over 17 months ago you are still losing money and you paid 5 quarters of dividend and borrow costs and the markets have hit hew highs the whole time you parked your money with tex.
Those are the facts that continue to follow texexec63 or texexec61 or texexec60.....New Id's to cover up all those old LIES. Shameful
You made the claim, back it up with fact. I expect nothing from you as you are an admitted LIAR. Hard to shake your past isn't it tex?
Display it......I don't know how many times you have said you don't care about Ackman and you don't follow him and you don't care about him.......yet you seem to know everything about him. Post his tax return and all the charities that make up that 20%.
Speaking of nutcase cults, your cult of Ackman Drones seems to be growing by leaps and bounds. Is this Ackmans final drive for manipulating the SP? Seems every day we are getting drone attacks of rumors and half truths. It's the Ackman way.
Fluff news???? So Herbalife gives back to the community while Ackman spends 10's of millions to tear it down. 7k people work for HLF and hundreds of thousands are trying to earn a little extra money while you racists and bigots assume they are stupid.
I think it's disgusting what you people stand for. Simply disgusting.
I don't recall you pumping PS and Ackman last year when he severely underperformed the markets with his 9% gain vs. overall markets of 30% gains.
That a funny one tex, you talking to others about trading. You have been dead wrong on HLF for over 17 months. You told everyone the stock would never trade above $40. We are STILL trading higher than the first day you went on Ackman's payroll and starting bashing it. My how we have such a short memory. Maybe that's because you have ignored all your posts under your old texexec60 and texexec61 ID's.
LMAO at you pal.
Ackman covered 40% of his short or roughly 8 million shares around $70, for a real loss of 200 million. He has acknowledged that he has spent $50 million to dig up victims and pay off people. That number is probably higher now. He paid 3 million a quarter for the dividend or roughly 12 - 15 million and he had borrow costs on his short. He has also paid premiums on his puts. My guess of $250 million loss so far was conservative and is probably higher.
I think he is getting redemptions from his investors locking in their gains after hearing he is under investigation by the SEC and tire of his arrogant antics. Wait and see if he doesn't start winding that fund down.