The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

Unless Ackman finds a way to get regulatory agencies on his side or some kind of massive lawsuit I don't like the short (other than a quick trade)
 
Quote from Daal:

http://www.businessinsider.com/bill-ackman-short-herbalife-2012-12

I have no intention of holding HLF short for the long-run. Pyramid schemes are a bitch to short. I was short PPD a few years back, similar thesis to HLF it seems, most people make no money yet that did not prevent them from finding idiots to buyout the stock at $70(I was in from $40-$50). FTC and other agencies never did anything

It's hard to get these agencies to do things that might unemploy a lot of people, even if they would be better off if they did. The pyramid also can keep going for longer than you think, HLF has been around for 30 years. USNA had short reports going back for years, thousands of families got scammed by them yet the pyramid just keeps going(CFO and COO stepped down last week, this could be it for the company but I ain't betting on it)

I would like to see his presentation but at first glance I wouldn't short this

Vol in hlf is very bid.
 
"Ackman launching a website for his Herbalife short thesis"

He is trying to get the word out to damage the brand and stop the ponzi. I'm not sure he is famous enough to succeed
 
Judging by the chart, he picked a good time to do his presentation. And considering his performance this year on JCP, he probably needs the help.

There was no news here. Quantity over substance.

Not going down -> going up.
 
As suspected Ackman thesis is to try to use his fame to destroy the brand and break the ponzi. Expects media to help and regulators to help
 
Ackman says he is not daytrading HLF. I just want to know how the stock can drop so many days in a row and be down a lot by the time the news comes out that he will present his report. Someone leaked or tipped that info
 
HLF dropping more, Ackman says he is most of the short interest. Hopes for squeeze in the near term seem to gone by that disclosure. Crazy that he would show hind hand like that though
 
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