Ackman finally exits HLF!!

Discussion in 'Wall St. News' started by Humble Investor, Feb 28, 2018.

  1. Snuskpelle

    Snuskpelle

    Yeah saw that. I guess the bottom line is, don't mix your emotions with your money.
     
    piezoe likes this.
  2. SteveM

    SteveM

    "This is not a traaaaaade for me.."

     
  3. RedDuke

    RedDuke

    It was not emotion, he started the campaign which he thought would tank the stock and he would cash our handsomely.
     
  4. ElCubano

    ElCubano

    wasn't he in the money for a while until he made it personal/emotional? lol
     
  5. Pekelo

    Pekelo

    Ackman reminds me of people shorting Tesla. You can be right on the fundamentals but that doesn't mean you are going to make money.

    So how much did he lose on the deal?
     
    piezoe likes this.
  6. vanzandt

    vanzandt

    Alot.
    He's long UTX now.
    Hence the bump today.
    .....Followed by the sell-off.
     
  7. Pekelo

    Pekelo

    I will look it up later. But did he keep his own money in his own fund? A mistake I recall...
     
  8. toc

    toc

    HLF exit now is a good one as dip in prices can be possible.

    If it is true that UTX is on his trade now then be ready for a hit to Ackman's fund. UTX would be a decent play at $110-100. Although long shot it can dip further.
     
  9. JackRab

    JackRab

    Ha... I wonder if Icahn is going to sell now... maybe a good time for a short... up 15% in the last week...

    Surely Icahn is going to sell some of his holdings. He's got 26%?
     
    Last edited: Feb 28, 2018
    #10     Feb 28, 2018
    vanzandt likes this.