Anyone else been paying attention to this? The just of it is that Bill Ackman and Carl Icahn have some bad blood between them. Ackman publicly went short a Billion of so $'s worth of Herbalife (HLF) stock. The stock nosedived and Icahn decided to use the opportunity to battle Ackman. Dan Loeb, another Billionaire is also on the long side of HLF.
Here's Ackman and Icahn getting into it on CNBC
[video=youtube;hCZRk1lL90Q]https://www.youtube.com/watch?v=hCZRk1lL90Q[/video]
As announced yesterday Icahn had a small position at the time and continued to accumulate since.
Here's another vid on Icahn if you'd like to know more about the guy
[video=youtube;wZjms7rRAQw]https://www.youtube.com/watch?v=wZjms7rRAQw[/video]
Icahn announced 13% ownership in the company yesterday and the shares skyrocketed After hours. They're up some 29% in pre market. ($49.33 as I type)
Chart of HLF's wild ride
Should be an interesting day.
Here's Ackman and Icahn getting into it on CNBC
[video=youtube;hCZRk1lL90Q]https://www.youtube.com/watch?v=hCZRk1lL90Q[/video]
As announced yesterday Icahn had a small position at the time and continued to accumulate since.
Here's another vid on Icahn if you'd like to know more about the guy
[video=youtube;wZjms7rRAQw]https://www.youtube.com/watch?v=wZjms7rRAQw[/video]
Icahn announced 13% ownership in the company yesterday and the shares skyrocketed After hours. They're up some 29% in pre market. ($49.33 as I type)
Chart of HLF's wild ride
Should be an interesting day.
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