HLF has continued moving sideways with the market through and past its earnings report.
Jim Cramer did a segment on it last night and concluded that on a fundamental basis it was worth $67......
Where did he get that idea???...actually from trying to put a multiple on various earnings and cash flow measures.
Meanwhile, mega-short Bill Ackman was reported to have liquidated his entire stake in Canadian pacific, one of his winners, putting that in the same category of "Winner's Ackman Has Liquidated Positions In" as $ZTS and $MDLZ.
Jim Cramer did a segment on it last night and concluded that on a fundamental basis it was worth $67......
Where did he get that idea???...actually from trying to put a multiple on various earnings and cash flow measures.
Meanwhile, mega-short Bill Ackman was reported to have liquidated his entire stake in Canadian pacific, one of his winners, putting that in the same category of "Winner's Ackman Has Liquidated Positions In" as $ZTS and $MDLZ.
Comment:
Still in place. The spring is getting wound up tighter.