Corey Augenstein
MLM Insider
Editor-In-Chief

Herbalife short thesis 'running on empty
Published: Apr 11, 2017

Herbalife short thesis 'running on empty'

Apr. 10, 2017 3:05 PM ET|About: Herbalife Ltd. (HLF)|By: , SA News Editor 

Taking in a viewing of "Betting on Zero" over the weekend, Pivotal analyst Tim Ramey calls the documentary a "sad reflection on [Bill Ackman] who been consistently been wrong on this name."

All the things Ackman said would happen - that Herbalife (HLF +1.8%) would never get a Big 4 auditor, that it would never get a clean audit opinion, that the FTC would shut it all down, that HLF could never refinance it debt, that a death spiral was imminent after the FTC settlement - never happened.