Ackman, Soros and Icahn are all Jewish.
HLF was reportedly a battle between Ackman and Icahn in Dec 2012.
Ackman, the leader on short, won at that time and price of HLF went down from $42 to $26 with total volume of 140M changed hands in consecutive four trading days. $26 has been seen the lowest price since then till now. The breakdown below suggests the float outstanding of HLF is just 84M, ie, the total volume of the four days is 1.67X of the float outstanding.
Now "the wind changed": Soros "shifted its pivot".
Who knows how much innocent money has been taken by the team-work of these three financial idol figures?
And Ackman is suing Soros, what a game!
|Shares Outstanding5: ||103.07M |
|Float: ||84.19M |
|% Held by Insiders1: ||17.98% |
|% Held by Institutions1: ||92.80% |
|Shares Short (as of Jul 15, 2013)3: ||30.21M |
|Short Ratio (as of Jul 15, 2013)3: ||13.60 |
|Short % of Float (as of Jul 15, 2013)3: ||43.00% |
|Shares Short (prior month)3: ||31.97M |
REPORT: George Soros Is Pulling All Of His Money From Bill Ackman's Hedge Fund
AUG. 8, 2013, 3:06 PM
After getting publicly accused of a crime by hedge-fund manager Bill Ackman last week, George Soros is yanking all of his money out of Bill Ackman's hedge fund.
ALERT: Soros Fund Management withdrawing all of its money (less than $250 million) from Bill Ackman's Pershing Square - Reuters
This news follows last week's shocking reports that Bill Ackman had filed a complaint with the SEC accusing George Soros of violating securities laws by illegally colluding with other investors and ganging up on him.
Last Wednesday, CNBC's Scott Wapner reported that Soros had amassed a large long position in Herbalife. The stock surged on the news.
Herbalife, a multi-level marketing firm that sells nutrition products, is the stock that Ackman's $12 billion Pershing Square Capital Management is short.
Late last year, Ackman publicly revealed that he's shorting more than 20 million shares with a price target of $0. Ackman believes the company is a "pyramid scheme" and that regulators will be persuaded to investigate it.
Not everyone has agreed with him and Herbalife has become the focal point of an epic clash of hedge fund billionaires.
Ackman's big rival, billionaire investor Carl Icahn, purchased a massive stake in the company and said that he thinks Ackman will be the victim of the "mother of all short squeezes."
Soros' family office hedge fund is just the most recent investor to snap up a long position.
Also, Soros works in the same building as Ackman at 888 Seventh Avenue.