
By InsiderMonkey
Herbalife Ltd. (NYSE:HLF), the marketing company that sells nutritional supplements, has recently been having an extremely bumpy ride, after mega-investor, Bill Ackman of Pershing Square, disclosed that his fund
had shorted 20% of this company’s total float. From my perspective, Herbalife’s management gave a superb presentation in response that calmed the nerves of its investors.
However, the recent announcement that FTC has seized the assets of a multi-level marketing firm on the premise of its being a pyramid scheme has led to a parabolic decline in Herbalife’s share price. On one side of the coin, we have Ackman and this recent incident that are