Just watched a vid on CNBC interviewing an Hlf investor. Like he stated, I don't think Herbalife will be shut down, but a rather a tightening of rules and regulations will follow for MLM that Herbalife will have to abide by. I like his notion that now fear is stronger than ever, now might be a good time to go long. I personally won't but if FTC gives Hlf the go ahead along with some new guidelines to follow this may rise back to 80 in time. We'll see how it unfolds.
If you believe progress has been made in the turnaround that Chen will discuss on earnings and as a result stock will rise March 28, then today represents a good buying opportunity. I do and did at 9.20.
I don't have a problem with the content of his posts, but rather the quantity of threads that would be better summarized in one or two threads.
Looking to sell after earnings, probably first week of April for some big gains from here.
Sentiment: Strong Buy
Covered the rest of my position today. Not bad for a 3 week investment. May consider shorting again if it moves higher again.
"Enterprise has dropped out of bbry" OK so at least you're acknowledging your op was a lie.
#$%$ are you saying contradicting yourself? With 60% enterprise market share, seems like bbry still has a major foothold on enterprise.
Looks like I was wrong. Still one more update till earnings. Still bullish on holding into earnings.