Seeking Alpha

Shares of Herbalife (HLF -5%) go parabolic after the FTC announces a press conference today to...

Shares of Herbalife (HLF -5%) go parabolic after the FTC announces a press conference today to discuss an alleged pyramid scheme. The conference will be held out of the Kentucky Attorney General's office in Lexington, Kentucky, and is scheduled for 1:00PM EST. It's not yet clear whether the conference has to do with HLF however, and the speculation is hitting the stock hard.
Comments (2)
  • Hopefully HLF will use this opportunity to buy back shares. That $1 billion buyback will be huge for the bulls.
    28 Jan 2013, 01:40 PM Reply Like
  • Of course HBL is a pyramid scheme but then so is America and Capitalism for that matter. Maybe Pyramid schemes are really what we want. Maybe everybody knows it's a pyramid scheme but they still want to spin a wheel and play.
    http://bit.ly/112Dt3f
    28 Jan 2013, 04:02 PM Reply Like
DJIA (DIA) S&P 500 (SPY)