The last time I took a look at Chipolte (CMG) was late December (here) as the company’s e.coli / norovirus crisis was emerging. The stock had declined from its all time highs made in August 2015 …
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Bill Ackman, founder of hedge fund firm Pershing Square, might have dropped out of the three comas club in the last week with his 21.5 million share position in Valeant (VRX) down about 25% from last week’s …
Continue readingThe largest options trade of the day so far was a block of 84,000 Zoetis (ZTS) Jan2017 $35 strike puts sold to open at $1.25 when the stock was $46.72. Very simply, the put seller …
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This morning, hedge fund heavyweight and founder of Pershing Square Bill Ackman is holding a call with investors and the financial press to answer questions about his nearly $2 billion stake in specialty pharmaceuticals company Valeant …
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This Valeant (VRX) story is far from done. For those that thought the volatility in the stock was brought on solely by some shadowy short biased research house, think again. The WSJ set its sites on …
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Over the last 24 hours, CNBC’s Scott Wapner reported that Herbalife has been contacted by law enforcement agencies: Federal law enforcement agencies recently contacted several Herbalife members for information about their own business practices According to …
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HLF got within sight of its 52 week low of $49.35 this am, as the selling has been relentless ever since Herbalife’s disappointing earnings report in late July. While Ackman’s presentation a couple of weeks …
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A few months ago we made a bearish bet in HLF to try to time Bill Ackman’s own options timetable with the thought that any fireworks in the stock would likely come in August expiration. …
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Bill Ackman, founder of hedge fund Pershing Square, is not that popular of a guy in the C-level suite at Herbalife (HLF). He’s also not that popular at the offices of HLF’s largest shareholder, Carl …
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The Herbalife story is about to get a lot weirder as Bill Ackman has scheduled a live webcast tomorrow morning at 10:00 am EDT to lay out his findings from a two year long investigation …
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