herbalife why i made it a 35 position after the bill ackman bear raid note below is the opinion of chapman capital l l c and is not a recommendation ...
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...Herbalife why i made it a position after the bill ackman bear raid note below is opinion of chapman capital l c and not recommendation or an indication s current future intent to buy sell otherwise transact in common shares dated as anyone even remotely connected world multi level marketing surely aware perpetually sanctimonious his extremely successful investment advisory firm pershing square formally launched massive on hlf orchestrating hour media packed web streamed powerpoint slide deck presentation new york course none this occurred until he sold short mm for estimated billion plus proceeds numerous interviews with business that day declared target price zero other words claims be so convinced operates illegal pyramid scheme certain government authorities distributors salespeople customers will shortly put company out summary thesis despite beguiling specious reasoning fail influence cause material regulatory response distributor exodus consequently suffer merciless squeeze catal...