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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Bear Down who wrote (18836)	7/16/2013 5:11:03 PM
From: rogermci®	Respond to of 18998

You wouldn't be long anything with your money LMAO! Are you in LV or DR?

To: Bear Down who wrote (18836)	7/17/2013 7:30:16 AM
From: StockDung	Read Replies (1) \| Respond to of 18998

FTC Herbalife meeting spicy By MICHELLE CELARIER Last Updated: 12:46 AM, July 17, 2013 Posted: 11:21 PM, July 16, 2013 The Federal Trade Commission told consumer activists Monday that it finds Herbalife’s practices “disturbing” and is “looking into” the company, The Post has learned. As expected, the regulator declined to tell attendees at an hour-long meeting whether it has launched a full-scale probe into the Los Angeles company, according to interviews with several attendees. The activists met with top FTC consumer fraud officials, including Jessica Rich, the recently appointed director of the Bureau of Consumer Protection, they said. The $5 billion global multi-level marketing behemoth was labeled a pyramid scheme in December by hedge fund activist Bill Ackman, who placed a $1 billion short on the stock. Herbalilfe has denied the charges. Its shares, which have soared 58 percent this year, closed yesterday at $52.07, down 23 cents. “It’s a question of resources,” one activist at the meeting told The Post, saying the regulator feels it may be difficult to launch a probe into the company alone. In the FTC’s recent shutdown of pyramid Fortune Hi-Tech Marketing, the Kentucky Attorney General convinced the FTC to join his case. The possibility that a state attorney general might help the FTC investigate Herbalife was suggested at the meeting. FTC officials at the meeting were particularly bothered by the high percentage of Hispanic distributors — said by Herbalife to be 65 percent — the vast majority of whom lose money, said Brent Wilkes, the national executive director of the League of United Latin American Citizens. “The FTC understands this is a problem and that Herbalife is taking advantage of the immigrant community,” said one activist there. The FTC is also upset that Herbalife quit disclosing its distributor turnover rate, which it last said was 90 percent in 2005. Herbalife and the FTC declined to comment. mcelarier@nypost.com

To: Bear Down who wrote (18836)	7/22/2013 4:55:43 PM
From: rogermci®	Respond to of 18998

He's officially hosed: Carl Icahn Is Squeezing Bill Ackman To Death With Herbalife Trade Bill Ackman Last week, billionaire investor Carl Icahn sat on a stage at New York’s Pierre Hotel and was feeling so good about his bet on Herbalife HLF +6.43%that he almost sounded magnanimous towards his biggest Wall Street rival, the billionaire hedge fund manager William Ackman. “I like Ackman,” Icahn said. “Anybody that makes me a quarter billion dollars I like.” During his talk, televised on CNBC, Icahn carefully explained his approach to investing this year in Herbalife, the controversial nutritional supplements seller that Ackman has been vocally shorting in a massive way. Icahn and Ackman, of course, don’t like each other at all, but their big duel over Herbalife has turned into a one-sided affair so far in 2013. Shares of Herbalife surged higher on Monday, rising by more than 6% to $59.39. The stock is now up 80% in 2013 and has increased to its highest level since David Einhorn, another prominent billionaire hedge fund manager, first questioned Herbalife’s business model on one of the company’s conference calls more than one year ago. There has been no news from the company in recent days as the stock has exploded, rising more than 20% in the last six trading days, suggesting the trading in the stock is perhaps being driven by increasing skepticism about the big short thesis on Herbalife. Move up i.forbesimg.com t Move down Herbalife Shares Surge And Close At New 2013 High Nathan Vardi Forbes Staff Death Of The Hedge Fund Short Seller Nathan Vardi Forbes Staff During the epic verbal battle between Icahn and Ackman that was televised on CNBC in January, Icahn predicted that Ackman’s Herbalife investment could produce the “mother of all short squeezes.” Shortly after that incident, it became clear that Icahn had taken a big position in Herbalife’s stock. He has since expanded that position, bought 16.5% of the outstanding shares and gotten two representatives on Herbalife’s board. Last week Icahn suggested that the “daughter” of all short squeezes had already begun in Herbalife’s stock. Semantics aside, the new is very bad for Ackman and investors in his Pershing Square hedge fund. In December, Ackman said he was short more than 20 million shares of Herbalife, betting some $1 billion they would decline in value. Even before the recent price action, the dramatic move of HerbalLife stock has tarnished Ackman's 2013 returns. EASY MONEY!!!!!!!