Herbalife got a tape bomb this morning in the form of some initial congressional investigations into their business practices: (Reuters) – Massachusetts Senator Edward Markey is asking for more information about the business practices of …
Continue readingNUS
Yesterday we highlighted some unusual options activity in HLF over the last week (Big Options Activity Looking for Herb to Get Smoked) that has led many market participants to speculate that a certain known short in …
Continue reading1. HLF – I think it is safe to say that the stock had a fairly crappy day, down almost 10% in sympathy with NUS, which at one point today was down 50% from last …
Continue readingA 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 reading