2waytrading

Follow up from (16-days ago)

NYSE:HLF   HERBALIFE LTD
87 0 1
Day before his (Achman) well hyped presentation, stock hit our short entry level $59.15 but he spoiled our trade and we didn't worry about it. Initially it was horrible since stock rallied back up 25% from July 22 close and threatened our stop loss..our thesis remained solid and still believe the stock can hit our target price $45 area.
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