None of that is true and even if it were, it doesn't change the fact that these guys deliberately mislead the shareholders and the analysts - they are CROOKS running a SCAM!!!
this POS will tank 5 points at least.
Deception, deception, deception - oh my!!
The simple fact is that management vigorously denied they were under investigation. They clearly are!! They will be grilled to a crisp tomorrow and this POS will tank.
Between having discussions and demands for detailed operational financial data - these guys will get destroyed on the call - analysts will be pi@$ed!!!
Yes and they vigorously denied it!!! They did not disclose they were under investigation. They even had the temerity to demand a correction from the NY Post!!
Wrong. After the story broke in the Post, HLF issued this response on Feb 4:
LOS ANGELES, Feb 04, 2013 (BUSINESS WIRE) -- Herbalife /quotes/zigman/361145/quotes/nls/hlf HLF +2.58% today issued the following statement following misleading and inaccurate information in the marketplace this morning:
Other than the voluntary dialogue with regulators, which we communicated on our January investor day, we are unaware of any other regulatory interest and/or investigation. We are demanding a correction from the NY Post.
They did not mention that the SEC had requested detailed financial operational data and that in effect, they were under INVESTIGATION!!! Get it yet or are you also in denial?