Herbalife (HLF) Exposed!

Quote from oldtime:

well, it takes a hell of a lot to be a salesman.

most fail

but those that succeed are members of the highest paid profession, based on national statistics

higher paid than doctors or lawyers

nothing happens until somebody can sell it

if you got paid for great ideas, I'd be rich

that's why I just stick to something easy that anybody can do, like trading
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Every wealthy doctor or lawyer is also a great salesman.

The issue with MLM companies is no one wants to sell. The process is sold to you as all you need to succeed is to recruit toadies to sell for you. That's what makes it an illegal pyramid scheme, the emphasis is on recruiting other toadies to do the dirty work like selling.
It's downright devious and evil. Dream theives.
 
Quote from marketsurfer:

Every wealthy doctor or lawyer is also a great salesman.

The issue with MLM companies is no one wants to sell. The process is sold to you as all you need to succeed is to recruit toadies to sell for you. That's what makes it an illegal pyramid scheme, the emphasis is on recruiting other toadies to do the dirty work like selling.
It's downright devious and evil. Dream theives.
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Beyond the legal or moral dilemma; everyone wants to be the recruiter and nobody wants to sell. That's why ebay is full of this sh*t. $90 for $8 worth of protein? And the clown "HF manager" who went long because of the ghetto weight loss clubs. Stranger than fiction.
 
I'm surprised no one here has mentioned the heavy accumulation volume on the 4th which was also a bottom and the gangbusters accumulation volume on Friday....I thought you guys/gals were traders......

any shorts should be sweating bullets
 
Quote from HurricaneUS:

I'm surprised no one here has mentioned the heavy accumulation volume on the 4th which was also a bottom and the gangbusters accumulation volume on Friday....I thought you guys/gals were traders......

any shorts should be sweating bullets
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I thought for each buyer there was a seller, silly me. I love your hindsight analysis. How did Friday the 15th look for buyers?
 
Quote from HurricaneUS:

I'm surprised no one here has mentioned the heavy accumulation volume on the 4th which was also a bottom and the gangbusters accumulation volume on Friday....I thought you guys/gals were traders......

any shorts should be sweating bullets
More...

When the hammer comes down, any additional analysis is a waste of effort. We deal in facts, not nebulous price/volume coordinates from yesterday's news.

surf
 
Quote from MattSF:

I thought for each buyer there was a seller, silly me. I love your hindsight analysis. How did Friday the 15th look for buyers?
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I stand corrected :D

I was actually working off of Pekelo's chart that was posted...which was obviously incomplete because it only showed up until Thursday...friday's volume was indeed bearish
 
STORE HIGH IN TRANSIT

when the british first started transporting supplies to the colonies

there wasn't much of a backhaul

all we had they needed was manure

which was fine

until it got wet

and then it started composting and getting hot

and occasionally it got so hot it exploded and blew up the whole ship

so they marked it as "Store High In Transit"

but sailors are not very good readers and marking is expensive

so it just got shortened to

S. H. I. T.
 
Quote from HurricaneUS:

Herbalife gives Icahn two seats on board, shares increase

http://www.latimes.com/business/mon...oard-shares-increase-20130228,0,1853329.story


Herbalife Ltd. announced an agreement with billionaire investor Carl Icahn, who owns more than 13% of Herbalife's stock, that will allow him to add two members to its board and give him the right to increase his holdings to one-quarter of the company’s shares.

....


you gotta love this saga :D
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And a lousy 7% move on this news? You can't polish a turd.
 
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