Ecantoni

Why Ackman could be glad of HLF at ATH

BATS:HLF   HERBALIFE LTD
157 3 0
ATH             could mean that we have an analogy with 2012 and potentially a RSI neg div             .
If the correlation with TIF             keeps on goin we could see prolly something similar for both.
No doubt that we are still in QE-land as the market continues to rip higher, but a stock with a 1.79 beta could be seen quite aggressive even for the team of gurus fighting Ackman. The same Icahn has warned that the stock market could face a 'big drop', but prolly that was a relative statement.

Might be nice to wait and see if that's the scenario.
Any new thoughts on HLF given past week action?
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Thank you for asking!
Well, we may consider the new weekly ATH matching with lower highs on the RSI but...
the point here for Ackman goes beyond the simple trade, I guess. The point for him ( and for the others so called activists) is to be right. Now, I dont know if swapping 40% of the shorts into options is a good way to manage risk by being right and making money at the same time. Cuz, he may be right eventually... but from a different perspective, the entire house of card created by the Fed is a Ponzi scheme. So, the funny thing here is that if we have a crash in the mkt... actually Ackman will be right anyway.
DeMark is calling for a 1929 scenario on the INDU right into the new year. A month ago, the same Icahn called for a big drop in the mkt...and now we are 30 handles over that call on the ES (so potentially 1500 bucks/ car LOL!). Quoting his words..."Very simplistically put, a lot of the earnings are a mirage. ( http://www.minyanville.com/business-news/markets/articles/Carl-Icahn-Markets-Could-Suffer-Huge/11/19/2013/id/52748?refresh=1 )They are not coming because the companies are well run but because of low interest rates."
well HLF earnings are scheduled for 2/17/2014...

merry XMAS
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@ ATH...we'll see
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