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  • Herbalife: No Value For Carl Icahn  0 comments
    Sep 19, 2013 3:13 PM | about stocks: HLF

    In our view, Carl Icahn made a smart move investing in Herbalife when its price dipped below the intrinsic value in December 2012. However, with the stock trading heavily upward, it has become plain cornering of Bill Ackman's short position, in our opinion. With intrinsic value now near $50 a share, the company, value-wise, is not of interest any more.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: HLF
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