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Herbalife Ltd. (HLF)

New York Stock Exchange Consolidated Issue - New York Stock Exchange Consolidated Issue Delayed Price. Currency in USD
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69.36+1.32 (+1.94%)
At close: 4:03PM EDT

69.30 -0.06 (-0.09%)
After hours: 7:11PM EDT

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  • G
    Gary M
    Gary M
    Clearly Herbalife's intent was to take the company private to avoid public scrutiny of the FTC impacts in the US. This was a course of action predicted by many including myself. However, nobody (not even Icahn) was willing to pay close to market given the risk over overhang, especially in the US and China.
    Being masters of manipulation Herbalife has spun a story about how a large Private Equity firm sees HLF as overvalued, into a 10% boost for the stock as the result of a buyback with borrowed money, which adds no real value to the company.

    Gotta hand it to Herbalife, they are tenacious opponents.They will have enough cash left for a similar offer in October\November to distract from another poor quarter in the US.
  • J
    Jonathan Bowen
    Jonathan Bowen
    The tender offer is between $68, at the most, and $60, at the least, so I have no idea why these buyers are thinking that $68 is in the bag. It could be $60 per share. It could take 2 years to get that $60 per share. Lulz...
  • r
    rockydelpresto
    rockydelpresto
    Watch the insider sells. This is going to be epic.
  • G
    Gary M
    Gary M
    Just another Herbalife misdirection. The real story is Herbalife wanted to go private and couldn't find a buyer near the current market price. Bad news for HLF shareholders so they do the modified Dutch auction to put a floor under the stock and ride it out.
    Couldn't find a buyer, that includes Icahn.
  • L
    Lmc
    Lmc
    A source close to the matter disclosed on condition of anonymity because they are not at liberty to discuss the matter publicly that the stock is manipulated to rise so that stock can be sold off at the 70.00 mark knowing that it will retrace itself back to the low 60.00 range. Greed is the motivation here. I made this up but, sources close to the matter say I might be correct :o)
  • F
    Fluteman_Greg
    Fluteman_Greg
    When the share price was sitting for a while at $72 - $73, I was wonder why.......common sense told me it was Ackman covering and that was putting a floor on the price......Now I think it was because a few knew there were talks about going private and those folks were buying shares in anticipation of a much higher bid.
  • M
    Michael Rinstock
    Michael Rinstock
    I'm a little bit puzzled. The tender offer is $68 max. So why wait for the tender offer while you can sell above $69 now? Do people really believe some PE is going to buy HLF above $68?
  • T
    Tex
    Tex
    it is very obvious the PE firm HLF was talking to for nine months about going private that Icahn was pushing for only made a offer well below 60
  • F
    Fluteman_Greg
    Fluteman_Greg
    For shares tendered under dutch auction, investors will receive Non-Transferable contractual contingent value right (CVR) that will pay out if company is acquired in private transaction within 2 years. So if you sell now, company will payout later. a 2 year guarantee.
    Shorts are screwed here.
  • B
    Bay Area
    Bay Area
    Scam companies like these depends on wall street manipulations. If they take private what will be the value? Market is still paying them 15 times profit. Profit from scamming poor people.
  • J
    Jonathan Bowen
    Jonathan Bowen
    Hilarious! HLF is up today on this terrible news?! This is clearly a desperate move to keep the share price above $60 but it won't last.
  • r
    rockydelpresto
    rockydelpresto
    I do have to give Fruteman credit for a great trade. I wish I worked at HLF headquarters like he does.
  • T
    Tex
    Tex
    yesterday news bottom line is Icahn can not find any PE firm to bail him out of his HERBALIFE TRAP
  • e
    eric schultz
    eric schultz
    Why is this buyback any different from their prior buyback except they agreed to pay a higher price?
  • F
    Fluteman_Greg
    Fluteman_Greg
    Shorts aren't getting their way, expecting the next wave of covering to hit as shorts throw in the towel.
  • D
    Dante 17
    Dante 17
    CARL WILL LOOSE BIG IF HE OFFER BUY OUT. IEP WILL GO DOWN TO 20.
  • J
    Jonathan Bowen
    Jonathan Bowen
    How is this trading higher than $68 per share?!
  • M
    Michael Rinstock
    Michael Rinstock
    It must have been a exhilarating day for Fancui and Fluteman, and a miserable day for Tex! Haha.
  • F
    Fluteman_Greg
    Fluteman_Greg
    Sold my 1000 $61.50 shares I bought Friday for $67.50 this morning, sold my 1000 $65.90 shares at $68.90. Nice $9k for a couple weeks of work. Will wait for the next opportunity.
  • F
    Fluteman_Greg
    Fluteman_Greg
    S Q U EEEEEEEEEEEEEEE Z EEEEEEEEEEEEEEEEEEE