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.
I think the Soros team is aware of this dynamic and are fixed on ruining Pershing Square.
More color on the story.
HLF is up nearly 10%, which means Ackman is down another $100 million. Jesus Christ!
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This is a victory for all the kids in class who hated the know-it-all snot in the front row.
man, one old guy has his bruno maglis on his neck & the other on his crotch
Listening to Herb Greenberg “It’s only a paper loss!”
Soros with the superman face punch.
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.
It worked like a charm to save his 2012, but backfired in 2013.
He could have hedged using options.
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.
Trading stocks is a blood sport. I like a good fight. I’ll cheer both sides on this one.
are you looking to buy HLF back?
i almost want to buy some HLF right now. lol
2 old Jews beating the chutzpah out of a young one
Hard to consider Icahn a “jew” in the traditional sense.
And impossible to consider the scummy self-hating jew soros a jew in any sense.
X-squeeze me?
how is that?
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.
You are a stupid person, go away.
Typical unsupported response from a stupid person. Please die.
Cretin.
You are projecting again moron.
Please die before you procreate and ruin the gene pool.
interesting, thx
‘traditional’ changes with each generation … don’t know where he stands on the whole thing
He’s not defined by his religion is all.
Hey Bill, howd you get the beans above the frank?!
2 words….Penis Guillotine
if they get the float below what he needs to cover. sweet jesus it’d be 1st degree monetary murder.
Not sure why Soros wants HLF in the dawn of tapering? We will see how it plays out.
False rumor designed to create buying in the name so Icahn has the liquidity to reduce/ get out?
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.
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
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.
Disregard…long for Soros on JCP…
So according to Faber, Soros has nothing to do with his firm?
The sharks are circling.
Sharks or shakes?
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.
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
Yes. Every time I come back to it, it inevitably costs me more. But I have made a killing in the process.
Ed Borgato ?@EdBorgato 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.
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.