Tuesday, January 8, 2013

Stocks DD Cites: Ackman's HLF web site updates & Bloomberg interview

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13 Page Summary -> http://factsaboutherbalife.com/wp-content/uploads/2012/12/Final-Exec-Summary-1.pdf

Former Distributor Testimonials update -> http://factsaboutherbalife.com/wp-content/uploads/2013/01/Testimonials-Updates-Jan-7th-13.pdf

Bloomberg interview-> http://money.cnn.com/video/news/2013/01/07/n-bill-ackman-herbalife.cnnmoney

Chapman interview -> http://video.ca.msn.com/watch/video/ftc-is-a-non-issue-for-herbalife-chapman-says/2h9y8b8ov

I think if Ackman's agenda is to educate current distributors or would be distributors his view of Herbalife, the 13 page summary is a good step in that direction. However I have to say based on what we have seen so far from Pershing, I(as an investor) am not at all convinced the world is going to turn upside down for HLF, let alone soon.  Remember Ackman said he has shorted this to zero. Let us see if he will(or get a chance to) live up to that. Also remember US is only 20% of HLF's business. And HLF operates in 89 countries.  Disclosure: I am neither long or short Herbalife at this time.

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