This will trade at $32 at best into the close. OEX robots now in control
I think something bad may be in the cards. I hope not
actually he is in a way. Whenever you are short you are leveraged. I am fearful because Hlf has been buying back shares and reducing the float size thus making it impossible for him to cover under $150. VW type squeeze coming there if any news breaks about FTC just giving them a fine. He is in deep do do over there which ironically will affect us. kinda sucks
the problem is the redemption's that may occur from his fund in a few days. That will increase the sell off of vrx. Quite ugly unless something is done today!
Street sees Ackman getting a run on his fund because of the HLF news. They think he will have to cover and there will be a mass exodus from his fund and thus the sell off. They think he may need to liquidate his shares here.
Monday June 6, 2016.. It all depends on what happens with Ackman's redemption's.. If there is a mass exodus than this will explode.. I think all eyes will be on how many people pull out of his fund.
There redemption day is coming up in a few days. He could get hammered from all 3 ways.. Redemption's, short covering, and shorting of VRX. It could get very ugly unless they put out the 10q with surprising results.
Well I think they should release the 10Q tomorrow... This stock is going to take a hit with the Herbalife stuff going on. Ackman's investors are gonna need a rise in this stock price to keep from redemption's. The eye needs to be taken off that fiasco over there. Just a major distraction. jmho
for his fund. If many leave and HLF soars its all over. It will happen in just a weeks time. I might even take a shot at some options well out of the money..
there is a fear out there that Ackman may face redemption's from his investors due to Herbalife soaring on FTC report that they may let them off the hook with just a fine. People fear he may have to sell his HLF to cover that huge short which in the short term may be bad for us.
Street will not look kindly on the Herbalife news. We could trade under $32 tomorrow without some news and the 10q
The only positive to take from this is VRX may be forced to put their 10Q out tomorrow or Monday
they only good thing is it may force Valeant's hand to release their 10Q tomorrow.
liquidate his shares in Valeant. This does suck and will get ugly
This news has to cause his investors to flee the fund. This stock could go well over $100 on a short squeeze and $200 if he is forced to cover. He will lose over $7 billion on this bet