Oh I'm sorry....you must surely have kept all of the $3,500...surely it wasn't beginner's luck....refresh my memory...what profit did you end the combine with?......if it was over $3,500....fuck that..if it was even over $500 I will provide a public apology...
After proving how easy it was to beat, I simply gave up and made daily guesses on direction to keep helping out Patak and getting fodder for my article. I said this from the start. surf
Sounds bullish. At the very least, we gonna have action Damn, I closed my strangle. Herbalife (HLF) to pre-announce earnings this week - FBN Confirming earlier speculation, Fox Business's Network Charlie Gasparino said Herbalife (NYSE: HLF) to pre-announce earnings this week which will sets the stage for a buyback.
It's a powder keg waiting to explode! Herbalife Short Interest Explodes In Last Week Of 2012 Three weeks ago, when we suggested, correctly, that Whitney Tilson's involvement in the Herbalife theater was the absolutely infallible "contrarian buy" signal, as the only logical next step was a short squeeze, we were amazed by the rapid rise in HLF short interest heading into the last reported data point, which saw total HLF shares shorted surge from 20 to some 26 million in the span of two weeks December 14. That, in itself, was sufficient grounds for us to sit back and expect some potential corporate finance transaction which saw the company buy back a portion of its stock, and with the remainder of the float held by long hands, we somewhat jokingly were expecting a Volkwsagen-like event to grip the company with shorts scrambling to cover at any price should suddenly there not be enough shares in the float to cover the shares short as a % of float which was at ~25%. Well, over the weekend the NYSE reported the latest short interest in the stock as of December 31, or even as the stock had starting ramping higher. To our absolute shock, dismay, and not to mention delight, the new number of shorts reported soared to a mindblowing 37.3 million shares outstanding, or 35.2% of the total float, an increase of 11 million shares in one week, or 42%! In other words, the probability for an astronomic jump in the stock should the company indeed announce a buyback as Charlie Gasparino hinted moments ago, has just increased drastically, especially since it appears that Ackman, who is now likely underwater on his blended cost basis, has covered little if any of his bets.
LOL, the power of the pyramid turned on the stock price-- wonder if the distributors are rallying together now to buy shares? It's just a matter of time till this dog is dead. surf