Bill Ackman “Is Just Getting Started With Herbalife”

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HFA Staff
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Bill Ackman has revealed that he “is just getting started with his short on Herbalife Ltd. (NYSE:HLF). It appears that the hedge fund manager is doubling down on his bet, and is not likely to give up despite the substantial rebound in Herbalife stock since the stock market returned. The hedge fund manager made the comments to a reporter at Bloomberg. Ackman is trying to bring Herbalife Ltd. (NYSE:HLF) to the attention of the Federal Trade Commission, in the hopes that it will be declared a pyramid scheme, and its business will be made illegal. Herbalife CEO Michael Johnson denies the…

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