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  1. #1
    Yawn...'s Avatar
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    Ackman - $250M Profit from Herbalife

    Holy Shit ! I have NEVER seen anything like this....

    Ackman Has Made At Least $250M From Herbalife Ltd. (HLF) Short,
    Will Give His Profits to Charity

    One week ago, there wasn't an investor in the world - aside from Bill Ackman - who could have foretold the momentous decline that Herbalife Ltd. (NYSE:HLF) has experienced. Shares of the nutritional supplement company are down 24.8% (and falling) on the news that Ackman, a manager of the hedge fund Pershing Square Capital, has announced he has a substantial short position on his book.

    .....

    What's even more interesting is what Ackman said when he was asked what he thought of Michael Johnson's public comments on CNBC (which we covered on Wednesday), that "The United States will be better when Bill Ackman is gone." On the subject, Ackman had this to say (emphasis added):
    "You know, you have to ask yourself…It is a strange and scary thing to say for the CEO of a NYSE-listed legitimate company. I never had a company react -- even look at MBIA. They were very professional…If people are very concerned about their circumstances of the behavior or the decisions they made or if they are operating illegally, that is the kind of thing you might say on international TV. I think it was a very unusual thing for him to say. I am obviously concerned about my personal safety, other people's personal safety. But when the CEO of a public company makes threatening statements, you have to ask yourself, why would he possibly say something like that?"

    Now, to be fair, Johnson made that comment in the context of Ackman's original claim that the U.S. would be better with Herbalife Ltd. (NYSE:HLF) gone, periphrastically speaking, but we admit it is a bit odd to see an executive make an off-the-cuff response like that.

    Last but certainly not least, Ackman told Bloomberg TV that "We welcome them suing us," saying that "we get access to inside information on Herbalife that we can prove that we are telling the truth."

    Adding more weight to his words, he said that "This is the highest conviction I have ever had about any investment I have ever made, full stop."

    http://www.insidermonkey.com/blog/ac...arity-33321/2/

  2. #2
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    Re: Ackman - $250M Profit from Herbalife

    I definitely caught all that.

    Very interested to see how all this turns out.

  3. #3
    Yawn...'s Avatar
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by bibleman View Post
    I definitely caught all that.

    Very interested to see how all this turns out.
    Ackman is one of the best in the business - If not the best.

    Ackman is saying Herbalife is bullshit, and management is crooked and conning the public.

    He is calling Herbalife out, begging for a lawsuit.

    The SEC is all over this shit. The SEC staffers probably will have to work all though Christmas investigating BOTH Ackman and Herbalife.

    It's gonna get ugly, early .....

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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by Yawn... View Post
    Ackman is one of the best in the business - If not the best.

    Ackman is saying Herbalife is bullshit, and management is crooked and conning the public.

    He is calling Herbalife out, begging for a lawsuit.

    The SEC is all over this shit. The SEC staffers probably will have to work all though Christmas investigating BOTH Ackman and Herbalife.

    It's gonna get ugly, early .....
    As someone on this forum put it, "What do they know about MLM and Direct Sale." :rasta:
    __________________________________________________ ____
    MLMer admits it is ok to break family bonds and tear at its fabric in order to pursue "success." [Is this what you want from your business?]

    CoolGrey: [Son concerned with is parents choice to join Amway] After one last heated argument with my mom, I have been kicked out for "being too negative" and "bringing so much negativity home" (just got home from college)

    ChrisDoyle: I have to be honest I'm with your parents on this one.

  5. #5
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by kegger430 View Post
    As someone on this forum put it, "What do they know about MLM and Direct Sale." :rasta:
    Ackman? Very little, from reading his comments. For example, he calls Herbalife both a pyramid and a ponzi..... :yelcutelaughA:

  6. #6
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by ChrisDoyle View Post
    Ackman? Very little, from reading his comments. For example, he calls Herbalife both a pyramid and a ponzi..... :yelcutelaughA:
    We've addressed this.

    That was contributed to Ackman...not a direct quote.

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    Re: Ackman - $250M Profit from Herbalife

    Ackman doesnt need to know a thing about MLM or any company for that matter, all he has to do is pick on a company and call them a pyramid scheme (or ponzi, lol).
    Another reason I would never work with a MLM that is on the stock exchange.

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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by ChrisDoyle View Post
    Ackman doesnt need to know a thing about MLM or any company for that matter, all he has to do is pick on a company and call them a pyramid scheme (or ponzi, lol).
    Another reason I would never work with a MLM that is on the stock exchange.


    If Ackman couldn't learn all there is to know publicly about Herbalife, inside and out, in a year while actively investigating it.....he'd definitely NOT be a person to listen to.

    But the fact that he welcomes a lawsuit shows that he is more than prepared, read up, in the know, and ready for a fight.

    This will be interesting.

    Also a good lesson for other MLM's out there, as you point out in your last sentence above.

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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by bibleman View Post
    If Ackman couldn't learn all there is to know publicly about Herbalife, inside and out, in a year while actively investigating it.....he'd definitely NOT be a person to listen to.

    But the fact that he welcomes a lawsuit shows that he is more than prepared, read up, in the know, and ready for a fight.

    This will be interesting.

    Also a good lesson for other MLM's out there, as you point out in your last sentence above.
    Its manipulation of the stock market, thats it, but if it floats your boat, get your popcorn in and enjoy it.

  10. #10
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by ChrisDoyle View Post
    Its manipulation of the stock market, thats it, but if it floats your boat, get your popcorn in and enjoy it.

    Not all MLM's are on the up and up.

    Herbalife, though around a while and having their fair share of controversy, doesn't give them a greater advantage if they're doing something wrong.

  11. #11
    Yawn...'s Avatar
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by kegger430 View Post
    As someone on this forum put it, "What do they know about MLM and Direct Sale." :rasta:
    Indeed, what would a fella that was a:
    1) Harvard Business School grad
    2) A top flight Investment Advisor
    3) That hired a team of accountants, lawyers and investment analysts
    4) That studies Herbalife for a year.....
    Know about MLM


    BWHAHAHAHAHAHAHAHHAHAAHAHâ„¢

  12. #12
    Yawn...'s Avatar
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by ChrisDoyle View Post
    Its manipulation of the stock market, thats it, but if it floats your boat, get your popcorn in and enjoy it.
    Sorry, it isn't manipulation.

    What Ackman has done is perfectly legal under US law - Specifically SEC rule 10b.

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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by Yawn... View Post
    Indeed, what would a fella that was a:
    1) Harvard Business School grad
    2) A top flight Investment Advisor
    3) That hired a team of accountants, lawyers and investment analysts
    4) That studies Herbalife for a year.....
    Know about MLM


    BWHAHAHAHAHAHAHAHHAHAAHAHâ„¢
    And calls Herbalife both a pyramid and a ponzi (if you knew the definitions you'd realise the stupidity of it)

    BWHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

  14. #14
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by ChrisDoyle View Post
    And calls Herbalife both a pyramid and a ponzi (if you knew the definitions you'd realise the stupidity of it)

    BWHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
    You've got Ackman confused with Rupert Neate

  15. #15
    Yawn...'s Avatar
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by ChrisDoyle View Post
    And calls Herbalife both a pyramid and a ponzi (if you knew the definitions you'd realise the stupidity of it)

    BWHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
    Take a look at pages 251-256 of Ackman's presentation.

  16. #16
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    Re: Ackman - $250M Profit from Herbalife

    Quote Originally Posted by Yawn... View Post
    Take a look at pages 251-256 of Ackman's presentation.
    Link please? As usual there are multiple threads on the same subject, so I'm not looking through the lot.

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