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Ackman Unleashes Herbalife's Biggest Single-Day Gain Ever

Tyler Durden's picture




 

(+24%!! WTF) - The market has spoken: the only thing that can destroy Herbalife now is if Ackman buys a minority stake, joins the board and "fixes it"

 

 

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Tue, 07/22/2014 - 15:24 | 4989459 NOTaREALmerican
NOTaREALmerican's picture

Maybe The Fed should hire this guy.

Tue, 07/22/2014 - 15:35 | 4989528 wallstreetapost...
wallstreetaposteriori's picture

looks like some collusion amongst some traders to create an epic short squeeeeeeze.

Tue, 07/22/2014 - 15:38 | 4989547 Pladizow
Pladizow's picture

Ackmans gonna need a Herbalife enema!

Tue, 07/22/2014 - 15:54 | 4989647 wallstreetapost...
wallstreetaposteriori's picture

If he didn't have one with Icahn, he is today...

Tue, 07/22/2014 - 16:36 | 4989869 Keyser
Keyser's picture

I love it, Ackman opens his mouth and HLF goes up 24%... Please bad-mouth another equity Bill and make sure to let us know ahead of time so we can load up... 

 

Tue, 07/22/2014 - 20:21 | 4990932 Four chan
Four chan's picture

this move today is the definition of ironic.

Tue, 07/22/2014 - 19:33 | 4990724 EARLPEARL
EARLPEARL's picture

looks like ackman is trying to sqeeeeze himself,,,,,,,,,,,,,,,,,thats perverted,,,,,wll make you go blind

Tue, 07/22/2014 - 16:35 | 4989863 BlueStreet
BlueStreet's picture

I can remember 35 years ago a guy coming to the house and selling my mother a bunch of that shit and her becoming a distributor.  She sold nothing and what she bought sat in the kitchen cabinet for years.  It was a ponzi scheme then and it still is today and probably will be 35 years from now.  You're right but you're wrong Bill. 

Tue, 07/22/2014 - 15:26 | 4989482 Al Huxley
Al Huxley's picture

Up until Ackman's presentation, many people weren't aware the company is strip-mining the wealth of the poorest of the poor in a gigantic ponzi scheme.  Now that they understand how compelling the business model is, of course people are tripping over themselves to get in on it. 

Tue, 07/22/2014 - 15:28 | 4989494 davinci7_gis
davinci7_gis's picture

Exactly....Herbalife is a pyramid scam just like the world banking system.

Tue, 07/22/2014 - 15:56 | 4989667 ToNYC
ToNYC's picture

Pyramids are always built by slaves, unless there is as Eye on top like on the Great Seal.

Tue, 07/22/2014 - 15:38 | 4989538 remain calm
remain calm's picture

Selling to the poor are the best business out there, tabacco and alcohol are the best, next will be Marijuana and now HLF. Rapping the stupid poor people is like stealing candy from a baby.

Tue, 07/22/2014 - 15:40 | 4989556 Pig Circus
Pig Circus's picture

Al, you're a phucking riot.

Tue, 07/22/2014 - 16:49 | 4989944 NoDebt
NoDebt's picture

He is.  I always take the time to read his posts.

Tue, 07/22/2014 - 15:40 | 4989559 Kaiser Sousa
Kaiser Sousa's picture

its all turning into the shit that it was from the beginning...
and the Fraud Markets rally on....

"(Reuters) - The U.S. commonwealth of Puerto Rico asked a federal court to dismiss as premature a lawsuit filed by U.S. mutual funds that sought to strike down a recently enacted Puerto Rican law that the funds said posed a threat to American investors.

The law, known as the Public Corporation Debt Enforcement and Recovery Act, allows certain public corporations to modify their debts. The passage of the law in June spooked the $3.7 trillion U.S. municipal bond market and weighed on prices of bonds issued by Puerto Rico's electric authority, known as PREPA.

Puerto Rico said the lawsuit, brought by bond funds run by Franklin Templeton and OppenheimerFunds, was untimely because PREPA had not sought to restructure its debt.

The lawsuit "should be dismissed on ripeness grounds unless and until PREPA files for relief under the act," the commonwealth said in Monday's filing in federal court in San Juan. Puerto Rico has about $73 billion of debt, of which roughly $19 billion is in its public corporations, according to an estimate by Barclays.

By allowing its public corporations - but not the government itself - to restructure under the Recovery Act, the government hopes to reassure bondholders that it will not get tied down in bailing out its public agencies.

The Franklin Templeton-led plaintiffs said the law violated the U.S. Constitution by effectively allowing Puerto Rico to impair certain contracts. They also alleged that the power to make bankruptcy law rests solely with the U.S. federal government.

http://www.reuters.com/article/2014/07/21/us-usa-puertorico-motion-idUSK...

Tue, 07/22/2014 - 21:26 | 4991188 Golden Showers
Golden Showers's picture

Get a name, dick hole.

Tue, 07/22/2014 - 15:57 | 4989670 Agent P
Agent P's picture

I've said it before on numerous topics....it never ceases to amaze me how much money can be made off poor people. 

Tue, 07/22/2014 - 16:39 | 4989880 Its_the_economy...
Its_the_economy_stupid's picture

Where can we get stats on the EXACT products that are being bought w EBT cards.....GROWTH INDUSTRY

Tue, 07/22/2014 - 18:05 | 4990358 armageddon addahere
armageddon addahere's picture

There are so many of them, and more all the time.

Tue, 07/22/2014 - 15:28 | 4989493 william114085
william114085's picture

maybe he bought the dip knowing how lame his presentation was going to be

Tue, 07/22/2014 - 15:34 | 4989518 wallstreetapost...
wallstreetaposteriori's picture

Wouldn't that be some shit... his firm covered the short into his presentation and went long....LOL!  

Tue, 07/22/2014 - 15:28 | 4989499 firstdivision
firstdivision's picture

Hope the people (Ichan) that are trying to squeeze Ackman's head to pop have an exit plan themselves as this shit will drop real quick.  As I recall, didn't the FTC, FDA, PCP, LSD, or some 3 letter agency open an investigation into HLF

Tue, 07/22/2014 - 15:32 | 4989508 H H Henry P P P...
H H Henry P P P Paulson's picture

Silly Ackman... basing his short on fundamentals. Ha ha ha.

Tue, 07/22/2014 - 15:33 | 4989516 Dazman
Dazman's picture

Well there is a short sale restriction on the stock too. 

Tue, 07/22/2014 - 15:46 | 4989592 ebworthen
ebworthen's picture

This has to be a tax write-off for Ackman.

That, or he should be on the burrito line at Chipotle.

Tue, 07/22/2014 - 16:48 | 4989930 Bosch
Bosch's picture

And get his hands dirty?  Please. 

Tue, 07/22/2014 - 15:34 | 4989527 jimcg
jimcg's picture

In a world controlled by psychopaths the sane man is the outcast.

J

Tue, 07/22/2014 - 15:41 | 4989563 Manthong
Manthong's picture

This is a market of men, not of market fundamentals.

This is an economy of men, not of economics.

This is a country of men, not of laws.

Tue, 07/22/2014 - 15:44 | 4989577 ebworthen
ebworthen's picture

Planet of the Apes.

Tue, 07/22/2014 - 15:35 | 4989529 GrinandBearit
GrinandBearit's picture

Regardless of what the stock does, Ackman is 100% correct... HLF is a pyramid scheme.  Since when has the stock market been logical?  The market in itself is a ponzi-pyramid scheme.  We are living in bizarro world.  It should be no surprise that HLF did what it did.

Tue, 07/22/2014 - 15:37 | 4989540 HeavydutyMexica...
HeavydutyMexicanOfTheNorthernKingdom's picture

I bet Ackman made alot of money on HLF today.

Tue, 07/22/2014 - 15:42 | 4989568 SWCroaker
SWCroaker's picture

Think the PM miners can hire him as an anti-spokeman for their barbarous product?

Tue, 07/22/2014 - 15:43 | 4989572 ebworthen
ebworthen's picture

The "debt is money" and "speculation is production" meme shall not be challenged!

Tue, 07/22/2014 - 16:01 | 4989683 WTFUD
WTFUD's picture

Every week for the last 3 years my better half has spun around on her way to work and asked me what i thought.
For the fact she does the treadmill and some sort of insanity workout every day i reply getting there hon when i really want to say sue those gypsy thieving fuckers at HERBACON.

Tue, 07/22/2014 - 18:55 | 4990579 optioneer
optioneer's picture

am I the only one that read this as HER BACON? 

Tue, 07/22/2014 - 16:03 | 4989689 SheepDog-One
SheepDog-One's picture

I don't believe the narrative, Ackman and Icahn have to be a team working this side Ponzi for all it's worth. In the end, I bet they both come out trillionaires and we'll read all about it in their book.

Tue, 07/22/2014 - 16:06 | 4989700 ToNYC
ToNYC's picture

Don't overestimate the ability of Regulators to make a choice favoring the individual over corporate interests. Profit is good, willing people choose.

- Sum-Ting Wong

Tue, 07/22/2014 - 16:25 | 4989799 SilverMoneyBags
SilverMoneyBags's picture

Why are these people so invested in a company that sucks? This reminds of those OTC pinksheet shells that only exist as a vehicle to steal money from other investors. A reverse split is probably next.

Tue, 07/22/2014 - 16:33 | 4989844 Goldilocks
Goldilocks's picture

History of the World Best Scenes [HD] http://www.youtube.com/watch?v=b5VsYT5vbWE (6:45)

Tue, 07/22/2014 - 16:43 | 4989907 littlewoodenboy
littlewoodenboy's picture

Q: whats the difference between Ackman and Santa Klaus?

A: you can still find people who believe in Santa...

Tue, 07/22/2014 - 16:51 | 4989967 nosoeawe
nosoeawe's picture

ackerman obviously didn't *donate* enough to the "yes we can" campaign.

the big eared pig in chief was the recipient of the nobel peace prize not for what he's done, but what he will do. 

1. devalue

2. isolate

3. bk

Tue, 07/22/2014 - 17:08 | 4990056 Squid Viscous
Squid Viscous's picture

what an arrogant little cocksucker, the end

Tue, 07/22/2014 - 21:24 | 4991174 Golden Showers
Golden Showers's picture

The only single association I have with Herbalife is some dumb bitch with a jerrycurl fro who opened a piece of shit herbalife francise.

If Herbalife wants to put it's hands into dumb whores, well, they're obligated to bounce their stock any way they can.

Really, the problem is whether dumbfucks want to buy this shit stock.

Ok, like, why don't single mommys sell shares to get SNAP?

But for the good of mankind, let's chip in to get these hoes some weave and similac.

Fuck Herbalife.

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