Despite all of the drama, Herbalife has gone essentially nowhere since last August
On the daily chart below, note the significance of the $60 level.
As I write this, I see news is out from the FTC. It will be interesting to see if Ackman is eventually proven correct.
For now, an aggressive trader may see a short if price moves under $64 again.
Drop me your top afternoon tickers.
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Update: $HLF slicing down through $60 now.
time is certainly not on his side after converting from shorting shares to puts.
Well, if NURO keeps moving up (2.47 right now), it would be a short squeeze candidate – ~40% short on small float. (I picked up a little yesterday.)