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Is An FTC Retweet An Endorsement? Herbalife Shareholders Are Dying To Know

Tyler Durden's picture




 

Update: the FTC was kind enough to promptly respond to our rhetorical inquiry:

So now you know.

* * *

Retweets are not endorsements... but they really usually are. Which is the reason some are wondering just why did the FTC show a specific appreciation of this particular tweet sent out yesterday by a user who appears to have a bone to pick with Herbalife, Nu Skin and other alleged pyramid schemes:

Seen here in the FTC's twitter stream, where incidentally there are virtually no other retweets:

 

So which is it: is the FTC proud of its lack of action on alleged pyramid schemes and decided to call attention to this tweet, or is it a hint that something bigger is coming in the stock that otherwise is quite irrelevant, if it weren't for the epic billionaire pissing match between Carl Icahn and Bill Ackman, which we be resolved either when HLF is LBOed and Ackman's biggest loss of all time gets even bigger, or when Icahn faces a loss of a few hundred million, which to him is nothing, but losing face to Ackman - everything?

Or was it merely a fat finger by the intern manning the FTC twitter account?

h/t Randy

 

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Wed, 03/05/2014 - 11:51 | 4511844 Four chan
Four chan's picture

the enzyte story is a perfect reresentation of the ftc and its uselessness.

Wed, 03/05/2014 - 11:52 | 4511850 john39
john39's picture

if it weren't for scams, ponzi's, pyramid schemes, the military industrial complex and the medical industrial complex, the U.S. would have no eCONomy to speak of.

Wed, 03/05/2014 - 11:56 | 4511871 jcaz
jcaz's picture

Exactly- God forbid someone should say "Social Security" if the FTC really starts digging......

Wed, 03/05/2014 - 12:17 | 4512012 Colonel Klink
Colonel Klink's picture

Yeah but Social Security is a FEDERAL GOVERNMENT run ponzi, so it's exempt.

Wed, 03/05/2014 - 11:54 | 4511846 VD
VD's picture

Herbalife IS A FUCKING PYRAMID SCHEME! BUT SO IS THE FED AND OUR GOV!

Wed, 03/12/2014 - 13:56 | 4539532 Fidel Sarcastro
Fidel Sarcastro's picture

Fuck that old codger, Icahn. 

Wed, 03/12/2014 - 13:59 | 4539533 Fidel Sarcastro
Fidel Sarcastro's picture

HLF re-opens lower...then promptly trades UP $5/share from the low.

 

Oh yeah, and fuck that old codger, Icahn. 

Wed, 03/05/2014 - 11:58 | 4511887 Dr. Engali
Dr. Engali's picture

Maybe they should send a tweet out when they find an institution in the U.S that isn't a ponzi scheme. That would be news.

Wed, 03/05/2014 - 12:03 | 4511918 NoDebt
NoDebt's picture

Oh, come now.  At least half of all government agencies CLEARLY fall more accurately under the banner of being extortion schemes.

Wed, 03/05/2014 - 14:18 | 4512622 Almost Solvent
Almost Solvent's picture

The coffee burned as it flew out my nose laughing at your response.

 

The government - they got what it takes to take what you got!

Wed, 03/05/2014 - 12:08 | 4511945 Mercury
Mercury's picture

So, retweets are the new Wells Notice?

 

Wed, 03/05/2014 - 12:16 | 4512002 Colonel Klink
Colonel Klink's picture

Turns out Tulving was a ponzi scheme at the end.

http://about.ag/tulving.htm

I made an FTC complaint 9 months ago, but nothing was ever done.  Just one more FEDERAL government agency which turns out to be worthless for the taxpayer's dollars spent.

Wed, 03/05/2014 - 13:01 | 4512233 Four chan
Four chan's picture

wow^

only an idiot would trade their physical for paper, so no wonder the fools were parted.

Wed, 03/05/2014 - 16:02 | 4513121 Colonel Klink
Colonel Klink's picture

I was trading paper for metal.  I wasn't one of the many who got burned.  I filed a BCA complaint, as well as an FTC complaint.  Apparently it was enough to get him to cough up the order.

Wed, 03/05/2014 - 12:21 | 4512028 buzzsaw99
buzzsaw99's picture

reply to user name ArbitrageIt?? WTF?? this is nothing compared to what gross et al do but clearly it is market manipulation. I guess Icahn is pissed off because he thinks he's the only one who should be able to manipulate markets with impunity.

Wed, 03/05/2014 - 12:39 | 4512092 Der Wille Zur Macht
Der Wille Zur Macht's picture

A large percentage of what is sold to consumers is the modern equivalent of "snake oil." This has been a constant throughout the lifespan of mankind. People will always baffle, bamboozle, and bullshit others. It's should come as no surprise why these naive consumers get far angrier when their health doesn't improve after consuming miracle diet pills than they did after a $5 bottle of Stain Blaster 2000 didn't fully get the Cabernet out of the carpet. I like to think of these scams as an economic version of Darwin's survival of the fittest.

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