iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,418 Blog Posts

Guess Who’s Punching ‘Montauk Bill’s’ Head Now?

This story has now taken a new leg higher and I believe it is priming for the history books. Ackman is now being savagely squeezed by not one, but two, industry titans: Carl ‘give me 3 seats on your board’ Icahn and George ‘I break your central bank’ Soros.

Without a doubt, I regret selling my HLF position and lament the idea that I am not punching Bill’s head too.

This HLF short is not only costing Bill a tremendous amount of money, but it’s ruining his reputation and might lead to redemptions, which can precipitate him to cover his short, effectively sending HLF even higher.

ack

I think the Soros team is aware of this dynamic and are fixed on ruining Pershing Square.

Faber

 

More color on the story.

HLF is up nearly 10%, which means Ackman is down another $100 million. Jesus Christ!

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40 comments

  1. bugatti

    This is a victory for all the kids in class who hated the know-it-all snot in the front row.

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  2. Juice

    man, one old guy has his bruno maglis on his neck & the other on his crotch

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  3. AKwitdemBeamz

    Listening to Herb Greenberg “It’s only a paper loss!”

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  4. Jules

    Soros with the superman face punch.

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  5. hybullshit

    The kid didn’t do his homework, and bought the answers from someone else. He didn’t know the answer can change and be affected by others.

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  6. matt_bear

    Wall Street certainly eat their own. Ackman is fixing to become the next Lehman Bros. Soros and Icahn are going to administer his margin call of death.

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  7. asteroids

    Trading stocks is a blood sport. I like a good fight. I’ll cheer both sides on this one.

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  8. ripper

    are you looking to buy HLF back?

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  9. matt_bear

    i almost want to buy some HLF right now. lol

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  10. Juice

    2 old Jews beating the chutzpah out of a young one

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    • Dr. Fly

      Hard to consider Icahn a “jew” in the traditional sense.

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      • wtf!

        And impossible to consider the scummy self-hating jew soros a jew in any sense.

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        • Juice

          X-squeeze me?

          how is that?

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          • wtf!

            Google soros and anti-Semitic.
            Briefly, he’s a typical self-hating jew similar to karl marx in that respect. Soros says that anti-Semitism is caused by Israel’s policies. ( How does he explain centuries-old anti-Semitism which predated Israel? Like any piece of shit anti-Semite he doesn’t and can’t.)Therefore Jews themselves should be blamed for anti-Semitism. He blames Israel for Palestinian crimes against jewish Israelis whether they be men, women, children or infants.
            He refuses to give any $ to any jewish/pro-Israel cause but gladly gives to their enemies, i.e. organizations that actively promote anti-Semitism and anti-Israel policies. He considers himself an atheist and has stated his antipathy to jewish organizations, etc., etc., ad nauseum.

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          • Cretin-watch

            You are a stupid person, go away.

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          • wtf!

            Typical unsupported response from a stupid person. Please die.

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          • Cretin-watch

            Cretin.

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          • WTF!

            You are projecting again moron.
            Please die before you procreate and ruin the gene pool.

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          • Juice

            interesting, thx

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      • Juice

        ‘traditional’ changes with each generation … don’t know where he stands on the whole thing

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  11. Marys Dad

    Hey Bill, howd you get the beans above the frank?!

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  12. 200day

    2 words….Penis Guillotine

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  13. matt_bear

    if they get the float below what he needs to cover. sweet jesus it’d be 1st degree monetary murder.

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  14. Trading_Nymph

    Not sure why Soros wants HLF in the dawn of tapering? We will see how it plays out.

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    • hattery

      False rumor designed to create buying in the name so Icahn has the liquidity to reduce/ get out?

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  15. AKwitdemBeamz

    This was the fight that drew me into the stock, and this is the one that will keep me glued to my screen. This is the stuff of legends on Wall Street.

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  16. hattery

    Maybe some of Ackman’s large positions with the largest market cap and float aren’t good targets, but perhaps if the market turns down some of his largest positions will make good shorts as he is forced to raise capital… CP,PG,GGP,BEAM,BKW,JCP HHC,etc

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  17. AKwitdemBeamz

    Soros has a known short in JCP. That is probably a big reason he’s in this. Ackman forced to liquidate JCP would be icing on the cake.

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  18. Yabollox

    So according to Faber, Soros has nothing to do with his firm?

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  19. Mr. President

    The sharks are circling.

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  20. Tito

    Does anybody even use Herbalife? All I see are Mexicans driving around with the stickers on the back of their cars. Do you know anyone that uses Herbalife? I think there are much better products out there. Herbalife is old school.

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  21. J Livermore

    Fuck, I sold 4,000 shares at 50 after buying in the 40s and suffering declines back to the mid 30s. Many may have left this one too early. #KillBill

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  22. AKwitdemBeamz

    Yes. Every time I come back to it, it inevitably costs me more. But I have made a killing in the process.

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  23. J Livermore

    Ed Borgato [email protected] 15m
    Signs of a bad summer: Weiner wishing he was short $HLF, and Ackman wishing he sexted his unit to strangers. The grass always seems greener.

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  24. Whaler31

    I like the re-tweet from David Faber, a man who, BY FAR, has the most integrity of any person I have seen over at CNBC, in the last 10 years.

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