ICAHN REPORTEDLY SHOPPING HERBALIFE LTD. (HLF) SHARES JUST DAYS AFTER HIS QUESTIONABLE FTC SETTLEMENT PR

ICAHN REPORTEDLY SHOPPING HERBALIFE LTD. (NYSE:HLF) SHARES JUST DAYS AFTER HIS QUESTIONABLE FTC SETTLEMENT PR by Quoth The Raven Research @QTRResearch

• Wall Street Journal confirms Icahn has been shopping his Herbalife stake through Jefferies for the last month
• The lack of a transaction tells QTR there’s no bid for the stock
• If the stock falls further on this news, Icahn is going to be trapped even more so in a good old fashioned long squeeze, where he won’t be able to make his exit without destroying the stock
• This report comes days after Icahn put out a misleading press release claiming that “the FTC announced Herbalife is not a pyramid scheme”
• Ackman probably is not covering, the article says he’d only take a...
  

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