Go watch the Liz Claman FBN interview with Charlie Munger and Warren Buffett. They down right plow Ackman and Valeant under the ground. It was very messy for VRX.
Finally just watched the interview, He NEVER said HLF was a disgusting company. He said Ackman was right on HLF and that's all he said about it. The rest of the interview was about how terrible VRX was and how wrong Ackman was about it. They both bashed Ackman and VRX pretty good.
I see you embellished like you always do.
" The WMT wholesalers are independent of WMT. "
Let me just dial down on this little statement. Walmart has literally thousands of supplies, how do you know that there aren't a few mom and pop or even medium size manufacturers whose only customer is Walmart? What if 90% of your sales are dependent on Walmart. You don't know squat about business so you should just stop now. HLF sells $500 worth of goods to an independent, that is a BOOKED sale. PERIOD. If the product is returned it is adjusted. PERIOD Just stop now rook
He says yes, Valeant did some dumb things, but we are making changing and this company has 22k employees.
Dear Mr. Hackman, HLF has 8K employees.
Please continue to make a fool out of yourself Hackerman.
Waiting for you to respond wave dude......Are you saying every company that supplies a product to a retailer cannot book the revenue until it is sold off the shelves. Some companies sell products as loss leaders to get customers in the door. How will that work under your new model, does the manufacturer not get to book rev's because it was given away? Have I shown how silly your new model is yet?
What if the FTC has already ruled favorably for HLF and then they have already been taken private?
How many times do we have to tell you tex, this is not Vemma.
Ackman also said if PWC passed HLF's re-audit they could go to jail. This is just another example of the ignorant and outlandish remarks that hackerman makes.
Distributors are self employed people NOT employees of HLF. Not sure how you could possibly come to this outcome. Not even in the realm of possibilities.
So you are saying the entire country will be put out of business. Every single wholesaler to Walmart books revenue when they sell truckloads of their goods to Walmart, not after Walmart sells it off the shelves. Same everywhere. So you are saying different rules for HLF?
So you are saying it is better to go on TV and lie and pump your position as opposed to a guy on the board in the quiet period 5 days prior to earnings not talking about it. Got it.
Actually, even though CP is way off its highs Ackman has made a bunch in the name.
Can you spell FX tail winds for Herbalife and US global companies.
Do you understand inventory loading tex. Stop making excuses ackman LIED. HLF now prohibits large orders from new distributors. PROHIBITS