Market Currents
SA author Dr. Duru notes how Herbalife (HLF) Richard Goudis seems to be taking on the...
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Monday, December 3, 2012, 9:44 AM ETSA author Dr. Duru notes how Herbalife (HLF) Richard Goudis seems to be taking on the short-traders, which account for 17% of HLF's float. Goudis spent $3.1M buying HLF stock in November, while the number of shorted shares has jumped 36% from Sep 1 to Nov 15th and 168% since April 30. With nine strong "Buy" ratings, the analysts are behind Herbalife. "Be careful out there," warns Dr. Duru.
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