HLF Update: 'Ackman-Gap' Filled
January 10, 2013 - 10:28am
As Herbalife's CEO denigrates Bill Ackman's "insulting to real Americans" presentation, it appears the short-squeeze-a-palooza progresses. While this is far short of Volkswagen-esque explosives, the 'Ackman-Gap' has been filled (trading up to its 50DMA) and from here on out, based on the build in short-interest we have seen, young William is going further under-water (and along with him Mr. Tilson). The 'shorting' began around the mid-$40s... And that gap has been entirely filled...
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