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The Herbalife (HLF) story may be getting even more fun, with the NYPost reporting on the...

The Herbalife (HLF) story may be getting even more fun, with the NYPost reporting on the "Ackman sandwich," but today is the company's turn to speak. Its investor presentation beings at 9 ET. Dancing around a lot of questions on CNBC, President Des Walsh says Ackman's thesis is a "gross distortion of reality." Shares +4.5% premarket.
Comments (3)
  • Ted Bear
    , contributor
    Comments (589) | Send Message
     
    Trading on the short side of the market has a life all of its own.

     

    The next step for all of these late longs will be to pull the loans on their shares, likely setting off a squeeze of epic proportions.

     

    I am surprised that Ackman, for all of his supposed savvy, did not understand more of what he was getting into when he went public with his short HLF idea. It could have been a very nice money maker if he had just kept quiet and let the shares naturally erode.

     

    Now he is fighting demons much larger than simply HLF, and they play for keeps. Oh the margin calls!
    10 Jan 2013, 07:29 AM Reply Like
  • Herbascum
    , contributor
    Comments (109) | Send Message
     
    Shut Herbascam down! PLEASE
    11 Jan 2013, 04:02 AM Reply Like
  • Herbascum
    , contributor
    Comments (109) | Send Message
     
    Go! Ackman Go!
    11 Jan 2013, 04:02 AM Reply Like
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