A few weeks ago we want to make a near term bearish bet after a Massachusetts Senator stated in letters to the SEC and other Federal regulatory agencies that wanted information regarding HLF’s business practices. …
Continue readingBill Ackman
Herbalife continues to be a battleground stock. Bill Ackman uses all the stops in trying to increase scrutiny and pressure on the company, with Massachusetts Senator Edward Markey’s letter to regulators a couple weeks ago …
Continue reading
MorningWord 9/27/13: Its kind of ironic that as the Feds are in the midst of a massive hedge fund insider trading crackdown, one of the largest “insider” trades happened in plain site for all …
Continue reading
MorningWord 8/27/13: Last night Bill Ackman’s Pershing Square hedge fund sold its entire stake in JCP of 39.1 million to Citi, who is now in the business of placing it with investors. Given the …
Continue reading
MorningWord 8/8/13: Yesterday I wrote a post on JCP (here), where I detailed a few of the issues troubling the beleaguered retailer on the fundamental front, but also that the stock’s 23% decline in …
Continue reading
FDX has broken above 100 today on speculation that Bill Ackman’s new planned fund will target the stock. Here is the excerpt from FlyontheWall.com: The move higher in shares of FedEx (FDX) is being attributed …
Continue reading
MorningWord 2/28/13: Bill Ackman is probably one of those guys who thinks it’s good luck when he gets crapped on by a bird overhead. Ackman’s hedge fund Pershing Square is the single largest shareholder in …
Continue reading
Two high-profile hedge fund managers, Bill Ackman and Dan Loeb, both accomplished investors who know each other well, have taken opposite sides on Herbalife. David Einhorn, another high-profile manager, has been rumored to be involved …
Continue reading
A lot of takeover-related trading today: NYX – ICE announced a $33 per share bid for NYX in cash and stock this morning. NYX closed up 34%, at $32.25. The Jan13 24 calls were the …
Continue readingHerbalife has dominated the headlines in the past 24 hours after Bill Ackman disclosed that he was short HLF, and that it was one of the best short opportunities he had seen in years (he …
Continue reading