ripe for take out here
and you actually keep tying to sell more to lose more! lol
first attempt to break 20, will break on third attempt and run to next resistence at 22.50
I would bet that some other big hedge funds come in now and make big buys and push HLF past the breakout point at 55/56 to put the hurt on Ackman well before audit is done. The fact they had a big name like PWC pick up HLF is good enough to say Ackman's claim of pyramid scheme is over with.
EU Panel Penalties to Hurt Solar Firms From China to U.K
By Marc Roca - May 21, 2013 6:00 PM CT
The European Union is poised to penalize imports of Chinese solar products, a move that would increase Europe’s cost for most photovoltaic panels an estimated 45 percent overnight.
While officials from the U.S., China and the EU have engaged in preliminary talks to settle a dispute over trade in solar-energy products, according to people familiar with the situation, the EU yesterday said it will stick to its June 6 deadline to decide whether to impose import duties. The EU proposal for tariffs would hurt manufacturers such as China’s Trina Solar Ltd. (TSL) and raise costs to build power plants in Europe, the world’s largest market for solar products and one largely supplied by Chinese manufacturers.
Duties will trigger “an increase in prices that is a major concern for Chinese producers as well as developers in the region, who may find that many solar projects are no longer viable,” according to Jenny Chase, Bloomberg New Energy Finance’s chief solar analyst. “The proposed anti-dumping tariffs are higher than the industry expected.”
Penalties averaging 47 percent on at least 20 billion euros ($26 billion) of goods would target China for alleged dumping, or selling below cost. That won’t be enough to reverse a withering solar manufacturing industry in Europe, according to Ash Sharma, a senior director of solar at research firm IHS Inc.
In Europe, more than two dozen manufacturers have sought protection from creditors since 2010 and companies including Germany’s Q-Cells SE, which was acquired last year by South Korea’s Hanwha Group, and Renewable Energy Corp. ASA of Norway, which moved some production to Asia.
“We see that this really is too late to have a positive impact on manufacturing in Europe,” according Sharma. “Many makers have either exited the market or shifted production already.”
The EU move targets Chinese-made, silicon-based panels, and the cells and wafers used to make them. The average price of panels made by Trina or Yingli Green Energy Holding Co. (YGE) in Europe may rise an average of 45 percent to $0.97 a watt in June from this month, slowing demand in the region, according to IHS.
The tariffs also would have beneficiaries. They may open doors for low-cost Taiwanese and Malaysian producers such as solar-cell maker Motech Industries Inc. (6244) Motech officials weren’t immediately available to answer phone calls seeking comment. The duties don’t apply to thin-film solar panels, such as those made by Tempe, Arizona-based First Solar Inc. (FSLR)
todays big volume was working through resistance at 50 to 52 like it was not even there
hmm just like the delusional dreamer shorts saying its going to 0.......
Feds won't look at this again, they already did and gave it the OK and besides if they did it would open up pandoras box and they would have to go up against Buffett and his Pampered Chef, Avon, Amway and many many others. Just won't happen and finally market is realizing it, unfortunate for Pershing Square they havn't figured that out ........yet! lol
As Carl keeps buying and taking off the float and the company buys back stock, the noose is getting tighter!
buybacks can resume now that new auditor named!
Big name auditor named in Price, they wouldn't take on HLF unless they were very comfortable with them.
Gives credence to HLF is not a pyramid!