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Activist investor Robert Chapman promises "big news" regarding Herbalife (HLF +2.7%) sometime...
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Tuesday, January 8, 2:25 PM ETActivist investor Robert Chapman promises "big news" regarding Herbalife (HLF +2.7%) sometime today or early tomorrow, tweets Charlie Gasparino of Fox Business News. Gasparino questions whether the news could be a lawsuit against Pershing Square's Bill Ackman. Chapman - who made news last week when he said Ackman will lose his fight against the company - has made HLF his largest long position.
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This news story has 3 comments:
My calls are up 65% and climbing.
Fascinating.
I'm just doing old fashioned trading, with long positions at under 28 a share and another round under 37 a share.
This is definitely the soap opera of the stock market right now, and having a stake in the game makes it that much more interesting.