This week in the “life and death of Herbalife” was like a carnival ride, up and down, swinging wildly, around and around. Starting with a bit of sanity, here’s Pershing Square’s view on recent events, pay particular attention to the chart at the end: https://assets.pershingsquareholdings.com/media/2016/08/26151702/PSH-Interim-Financial-Statements-06.30.16-Final_ii.pdf
Here’s a good recap of this week’s see-saw antics: https://quoththeravenresearch.com/2016/08/26/icahn-has-reportedly-been-shopping-his-herbalife-shares-beginning-days-after-his-questionable-ftc-settlement-pr/;and
Bottom line, it looks like Carl Icahn is trying to get rid of Herbalife stock like flicking a booger off of your finger, but it just sticks to him.
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