Tanner
Short

HLF Over Extended

NYSE:HLF   HERBALIFE NUTRITION LTD
This MLM stock can only do so much to keep shorts at bay, it's done everything legally possible to get rid of shorts, they even squeezed Ackmans` $1 Billion short position at the top. The stock is over extended and there isn't much more HLF can do to manipulate the stock higher, they've already done buybacks, now a Dutch auction, Icahn is loaded up on HLF owning over 30% of the company, which he will most likely be unloading soon after the auction.

M top on the daily timeframe , Weekly indicators topping, overall market getting more volatile and this stock is the the biggest fugazi out their besides LFIN .

Ackman wasn't wrong, just his timeframe was off, along with Icahn and HLF being able to easily manipulate this low liquidity/ market cap stock . The manipulation can only last so long though, a fair valuation of this stock is in the $30-$0 range.

Full disclosure- I'm short otm puts.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out