I told you 2014 would be a very vengeful one for the nerd, Bill Ackman, who is actually as cool as a cucumber if taking into consideration his net worth. However, if judging him on his retail prowess, ability to debate toe to toe with Carl Icahn, or mountain biking with friends and colleagues in Montauk, NY, he is, ergo, a nerd.
Shares of HLF are plunging this morning on news that Massachusetts Senator Markey is calling for the SEC to investigate HLF–because, clearly, they suck. My best guess here is a very effective lobbying campaign took place between Pershing Square and Mr. Markey’s stupid office.
Nevertheless, it’s now Icahn’s move.
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Icahn clearly remembers beating kids like Ackman up on playgrounds. He will buyout HLF just for the hell of it if need be. EOD, I’d think he’d rather lose money than “lose”.
They bot that RBCN dip.
Hasn’t Icahn pretty much dumped all of his shares while it stayed above 73 for at least 10 consecutive days, the terms of some agreement he had with management?
I have great respect for Bill, many people hate the guy… out of all hedge fund managers he played most important part in my wealth building by buying CP which I have owned since 2009..
FLY do you own any GIMO?
Starting a little unload of my long bonds EDV.. if you followed – congrats.
Time to buy.. paid off senator as a desperate measure to get the SEC, who couldn’t catch the SA or any others in the past decade.. is sure to do nothing. But I bet the senator was happy to cash the check.
finally unloading my EDZ and BZQ hedges slowly.. multi-week hold.. trades done in real time on ST
Everyone thought he was an idiot for publicly announcing his short and calling out HLF. Actually, that is EXACTLY what he wanted. 13 new AGs in office this year, and every single one wants to make a name for themselves. What better way then take down a public company operating with such debauchery in their state?