Bill Ackman's Hedge Fund Losses Are Staggering [View article]
according to the letter if Target is $65 or higher by Jan 2011 this is a 4-bagger; but if the price is $35 or less on Jan 2011 it is a ZERO...........this isn't an investment, this is a bet. why not just go to Vegas? where is the hedge? how can he NOT have downside protection? good luck to all of those who are invested in this crook.
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