Post by
ERTguy on Jul 21, 2014 2:01pm
I love Bill Ackman's approach to investing
I can honestly say I hope he sends this stock to zero. Herbalife has taken too much money from too many hopefuls trying to start a business on their products. I haven't seen one retail store a success due to herbalife. Herbalife's profits depend strictly on business hopefuls who need to buy a specified amount to start their own chain. This is the only way Herbalife makes any real money, at the average person's expense of course
Comment by
ERTguy on Jul 25, 2014 10:18am
Well just like a stock doesn't go to the moon overnight, it certainly won't bottom out overnight either. Anyone long in this position is in for one bumpy ride that's for sure. Ackman also has a big stake in Fannie Mae and Freddie Mac, which could turn out to be real grand slam investments within the next few years. Here's hoping anyways