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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Bear Down who wrote (18720)2/18/2013 11:59:02 AM
From: rogermci®  Read Replies (1) of 18998
 
None at all...Ackman hits the big boy playground this week. Too many big value players in the stock. Earnings after hours light the fire. Remember, it's just a trade and the chasers got bagged out Friday. Risk reward is in my favor.

Ackman is making pretend he's on some mission to protect the downtrodden, but the reality is that only 197 complaints -- PEANUTS! --have been filed with the FTC against HLF in the last 7 years... many big companies have that many filed every month. This is a real company. Besides, nothing going to happen soon anyway so it's worth a shot on the long side.

I'm no big fan of Ichan either but I like his chances here.
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