Tim Ramey, the analyst famous for issuing bullish calls on MLM player Herbalife Ltd. (NYSE:HLF), has quit his position as a food and beverage analyst at D A Davidson.
Ramey will join Post Holdings Inc (NYSE:POST) as director of strategic ventures, and will report to chairman and chief executive William P Stiritz, who holds a 6.4% stake in Herbalife Ltd. (NYSE:HLF).
Stiritz: Another Herbalife bull
Stiritz is Herbalife Ltd. (NYSE:HLF)’s fourth-largest shareholder and has been ranged against short-seller Bill Ackman who made a $1B short play on the company, alleging its multi-level marketing business was a worthless pyramid...
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