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Hello Herbalife: Bill Ackman's Pershing Square rises 5.8% in December - largely on the back of...

Hello Herbalife: Bill Ackman's Pershing Square rises 5.8% in December - largely on the back of his very public outing of the stock - turning a lackluster 2012 into something better. Pershing is raising money for a publicly traded fund and this should improve the prospectus. HLF has bounced nearly 50% in the past handful of sessions.
Comments (3)
  • veloce49
    , contributor
    Comments (13) | Send Message
     
    I thought Ackerman said any profits on Herbalife were being donated to charity
    4 Jan 2013, 01:37 PM Reply Like
  • Dr. Duru
    , contributor
    Comments (1679) | Send Message
     
    He did say that. Those profits still boost the performance of his fund.
    4 Jan 2013, 03:52 PM Reply Like
  • SA Editor Stephen Alpher
    , contributor
    Comments (550) | Send Message
     
    Pershing's profits from shorting HLF are not going to charity. Ackman's share of the profits are.
    7 Jan 2013, 01:38 PM Reply Like
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