Seeking Alpha

poortorich

poortorich
Send Message
View as an RSS Feed
View poortorich's Comments BY TICKER:
Latest  |  Highest rated
  • Herbalife: An Ethical Short [View article]
    Andrei

    You should look up Stiritz. He is a self-made man who could not afford to finish his education at University of Arkansas. He net worth is probably close to a 1 billion dollars. He has approximately 30% of his net worth in HLF.

    Several things you should keep in mind about Stiritz
    1) he is a builder of companies. His track record suggests that he does not a trader but a long term investor
    2) he had 10 months to do his DD on HLF before jumping in big time.
    3) his track record speaks for itself. To my knowledge, he has never lost 90% or more on his investments.
    4) he knows this industry very very well. I love his statement when he said something like" Its my money against his investors' money. May the best analyst win". Gotta love his conviction
    5) Did you know he became a distributor of HLF?
    6 )I am surprised you don't know about Stiritz. He holds more than 5% of a company you are shorting.
    Oct 1 11:53 AM | 1 Like Like |Link to Comment
  • Herbalife: An Ethical Short [View article]
    Andrei
    Stock going to $10 or lower implies a catastrophic global intervention. You do realize the US only accounts for 20% of HLF's business. HLF going to $10 is inconsistent with your thesis. You said there is India and China.

    What do you think of Stiritz? Do you consider him smart money or a lemming?
    Oct 1 12:55 AM | Likes Like |Link to Comment
  • Herbalife: An Ethical Short [View article]
    @Andrei
    By the way, in order for HLF to go to 0, either #1 or #2 has to be 100%.
    Sep 30 08:33 PM | 1 Like Like |Link to Comment
  • Herbalife: An Ethical Short [View article]
    @Andrei

    Thanks for your numbers.
    Not sure how you hedged your positions, but any long term long would be very comfortable holding and perhaps doubling down on HLF with numbers like that.
    Sep 30 08:20 PM | Likes Like |Link to Comment
  • Herbalife: An Ethical Short [View article]
    Andrei
    Looks like you are good with numbers. Then can you put some probability numbers on these two events

    1) What is the probability that HLF collapses under its own weight in 10 years?

    2) What is the probability that the government COMPLETELY shuts down HLF within 10 years?
    Sep 30 07:18 PM | 1 Like Like |Link to Comment
  • Herbalife: An Ethical Short [View article]
    The price of HLF is near an all time and you probably thought it was a good time to short. You were probably hoping your article would help your short position.
    Really, nothing new here. If you've followed HLF from the begining, you would have realized you've presented nothing new.
    Sep 30 02:18 PM | 1 Like Like |Link to Comment
  • The Good And Bad Of Dave Ramsey [View article]
    In the age of the internet where information is at your fingertip, a motivated person who is interested in his/her financial health should have no problem acquiring most of all of the knowledge Ramsey possesses. It is mind boggling that some people spend more time shopping for a TV than on their finances.
    Sep 28 03:42 PM | 4 Likes Like |Link to Comment
  • What Buffett Believes But Cannot Prove [View article]
    "gained 1,011,674% in market value"
    The more relevant questions is what will be the gain from 2013-2060.
    Sep 28 01:39 AM | Likes Like |Link to Comment
  • Herbalife: Will Icahn Cash Out Sooner Than Not? [View article]
    C2KBlast

    It all depends on what you think will happen to HLF in the next 5-10 years. If you think it will get shut down, you should take ALL your profits NOW. If you think the government will not shut it down, then even 73 is a bargain.

    People worry about Icahn selling his shares. So what? That'll only provide an opportunity for HLF to soak up all thoses shares and retire them permanently.

    In terms of the squeeze already taking place. It has already taken place among the weak shorts only.
    Sep 27 08:09 PM | Likes Like |Link to Comment
  • Is CVSL The Porsche To Blyth's Volkswagen? [View article]
    John
    Your article and the ones previous to this one were outstanding.
    The VW squeeze was epic. It was described in the book, The Billion Dollar Mistake.
    Lets see what happens to BTH.
    Sep 25 02:59 PM | Likes Like |Link to Comment
  • Is CVSL The Porsche To Blyth's Volkswagen? [View article]
    Very interesting article.
    Deliberately engineering a short squeeze is illegal....but it happens anyway.
    Sep 25 02:33 PM | Likes Like |Link to Comment
  • Herbalife: Will Icahn Cash Out Sooner Than Not? [View article]
    Eddie
    Good post. When you look at this objectively without any emotion, it is pretty clear what the final outcome will be.
    It would be very naieve to think Icahn would suddenly sell his shares at 73. He is 79 y.o. and making money in HLF is not, in my opinion, his primary motive. Several hundred million dollars is pocket change to him.

    The stock is at a tipping point right now. Kind of like a 4000 pound car that is dangling over a cliff. A few more pounds and it will go over the cliff.
    Sep 22 09:40 PM | Likes Like |Link to Comment
  • Herbalife: Will Icahn Cash Out Sooner Than Not? [View article]
    Matt

    Why do you think Icahn will sell his shares? Consider these factors
    1) massive short squeeze has not taken place yet. Just look at the chart.
    2) 500 million dollars is chump change and represents only 2.5% of his money. I don't know Icahn personally, but I don't think making money is his primary motive here with HLF
    3) HLF is still undervalued at 73
    Sep 19 08:00 PM | 3 Likes Like |Link to Comment
  • Herbalife: Will Icahn Cash Out Sooner Than Not? [View article]
    Fluteman
    Nice to hear from you. I enjoy your posts on yahoo.
    Welcome!
    Sep 19 04:57 PM | 1 Like Like |Link to Comment
  • Bye Bye Bolivar - Hello Writedowns [View article]
    "Icahn can't sell his position until February 2014".

    Your statement is absolutely correct. There is so much rampant misinformation on HLF on various message boards. Refreshing to see a correct one.
    Sep 19 01:00 PM | Likes Like |Link to Comment
COMMENTS STATS
2,204 Comments
5,022 Likes