This page has been archived and commenting is disabled.
Bill Ackman Admits $500 Million Herbalife Loss, Stock Surge Adds To Pain
Herbalife shares are soaring this morning. The reason, it seems, is unclear; but Bill Ackman's appearance on Bloomberg TV to press his shorts a little more may just have emboldened those looking to squeeze the asset manager:
- *ACKMAN: HERBALIFE LONGS DID PRETTY GOOD JOB OF SHORT SQUEEZING
- *ACKMAN SAYS HE'S LOST $400M TO $500M ON HERBALIFE SHORT
- *ACKMAN SAYS `LOTS OF WAYS WE CAN BE SUCCESSFUL' ON HLF
- *ACKMAN SAYS HE'LL TAKE HERBALIFE BET 'TO THE END OF THE EARTH'
Ackman added that he "skeptical" of Icahn's long-term interest, and "puzzled" by Stiritz' motivations. It seems - other than fear-mongering - the stock is rising on the basis Ackman has nothing new to add...
- *ACKMAN SAYS HE DOESN'T KNOW WHAT FTC IS DOING ON HERBALIFE
- *ACKMAN: RE-AUDIT IS A SHORT TERM CATALYST IF NOT DONE BY DEC
- *ACKMAN SAYS HERBALIFE FITS FTC OCT PYRAMID WARNING
- *ACKMAN'S PERSHING HAS MET WITH FOREIGN REGULATORS HERBALIFE
- *ACKMAN: HERBALIFE RE-AUDIT SHOULD HAVE BEEN COMPLETED BY NOW
As we noted in January 2, 2013
In short- could HLF, with 24% of its stock short, and where institutions control more than 76% of the shares outstanding, become the next Volkswagen squeeze play, and send the stock soaring far higher than ever before, in the process destroying Ackman (assuming he has still not covered his short), Tilson, and anyone else still short the name?
Maybe the answer to this question is just how much animosity does management harbor toward those very publicly short its stock. We hope to find out soon enough.
- *ACKMAN SAYS AN HERBALIFE LBO IS MORE OPPORTUNITY TO GO SHORT
and the final nail in the coffin...
- *ACKMAN SAYS HERBALIFE SHORT `NOT A TRADE FOR ME'
One has to wonder what his JCP "trade" started out as?
Fleshwound...
- 10099 reads
- Printer-friendly version
- Send to friend
- advertisements -


Short the Ackman gene pool.
The trouble with Ackman's thesis isn't that HLF isn't a pyramid scheme, it's that US regulators give a shit about a mountain of evidence that it is. The entire US fianancial system, social security, and the vaunted US dollar are pyramid schemes, so giving a hoot about some dodgy milk shakes isn't exactly a high priority for anyone.
breaking out of a 4 month high flat base - good luck Bill, seeya at 85-90
time to double down and cost average !!!!
When in trouble, double!!
Selling HLF puts since June = PROFIT. Thanks Ackman.
"*ACKMAN SAYS HE'LL TAKE HERBALIFE BET 'TO THE END OF THE EARTH'"
Ackman. It's what's for dinner.
Paging MDB, paging MDB.......
Doesn't everyone want a Herb?
Never fall in love with a trade you fool. When the market turns against you recognize your loses and move on. What a rookie mistake.
At least we all know his weakness now- his ego.
He proved that in his TGT fiasco.
LOL- he doesn't come on here without owning some calls- he knew very well he'd pump the stock on this disclosure....
LOL!
Never bet against corruption
Two titans of finance crossing their pork swords. Priceless....
He's still short? What a moron.
All I-con has to do is tweet he's dumping a few moar million into HLF and Ackman will be finished. I expect that I-con tweet today.
ok folks it is like this...ackman is tarzan.....4 tribes are coming after him..each tribe has about 1000 members with spears and knives..the leaders of the 4 tribes are soros...icahn..drunkenmiller... striritz...tarzan is all alone in the jungle and the 4 tribes are closing in...PROBLEM IS THIS AIN'T NO MOVIE....the tribes kill tarzan easily