Poor PT Barnum must be rolling in his grave seeing how the 22nd century imitator PT Ackman is trying so hard to emulate him with his “Greatest Show on Earth” “Herbalife Deathblow” (hahahahaha) “Betting on Zero” (a glorified informercial full of half truths and totally biased in favor of Ackman with no real research conducted. And Ackman’s appearances on CNBC.
Hey Ackman, next time you appear on CNBC why not show up in a clown suit. It would be appropriate. You are a real clown for sure.
Billy Ackman in uniform.
I am sure that the Ackmanaholics and ‘little billy ackmans’ were wetting themselves earlier today seeing their hero on CNBC acting with so much bravado. Looking so confident and pretending he was in total control of his still very reckless HLF short bet while everything Ack was saying was total b.s and he was so full of crap. Ackman is a master at this. He lies so well that even he believes himself. And aside from his braindead followers, no one else believes him and they all see through the lies.
There are two things going on here.
- Ackman’s ego. He can’t accept that he was wrong and lost.
- The upcoming hopeful deal with ADP. Ack is trying to look like a winner.
I am certain that ADP will see through this fraud as easily as I and so many other have.
Christine Richards with her small Orion “Research” (who are the researchers???) bombs badly.
The infamous Christine Richards, who sounds an awful lot like Chris Irons aka quoththeraven, had an impromptu bash-HLF presentation yesterday which like all of her prior presentations had a sparse audience and bombed terribly. When are these people going o realize that this is DEAD NEWS? People are tired of hearing about Ackman’s greatest flop—HLF SHORT BET and the informercial mislabeled a documentary, ‘betting on zero’. It’s been beaten to death for almost 5 years now. Enough. It hasn’t worked in 5 years. Won’t work now either. You would be better of trying to find Elvis working at a car wash. But then again, maybe you are already attempting that.
The Zombies in pajamas are back!
Not surprisingly, what Michael O. Johnson used to call “Knuckleheads in bathrobes” now better referred to as “Zombies in Pajamas” are back writing their fake stories on the FAKE NEWS MEDIUM better known as Seeking Alpha. As usual, 99.9999999% crap which only attracts the HLF bashers who eat this crap up and are stupid enough to short more shares hoping it is true….this time.
Query? How much more money do these clowns have to lose before they finally realize that what they are reading is all FAKE NEWS?
Summer is over. The SA authors no longer have jobs mowing lawns, back to writing bullsh’t on SA.
With summer over, those Ackmanaholics-Zombies in Pajamas are starving. Their previous stories on Seeking Alpha met with continued diminished hits, but they are back writing again getting that $30 per story and a penny a hit. They are way overpaid owing to the quality of what they write. Nonetheless, inbetween raking leaves, they are back writing their bullcrap stories on Seeking Alpha.
This guy in the photo below looks a lot like Ackman. Almost as grey. And I bet he eats a lot of omlettes too. That is, if he has the $$$ to buy them
HLF shorts-Bashers fallen on hard times.
Remember that guy who posted all over the internet as “Crime Busters” the guy who claimed so much wealth and was always right. Never lost in going after “crooked companies” that needed to “be eradicated from the face of the earth” or so he claimed. Haven’t heard from him in years. Perhaps if you spot him on the street you can give him some change for a hotdog.
Some HLF shorts have lost from $80,000 on up listening to Ackman and believing that he was a “smart guy” and knew what he was doing. Hint: Smart guys don’t short Wall Street darling stocks that beat earnings 22 quarters in a row and use 30 year old debunked FAKE NEWS to present a case. Nor do they use $1 billion bets and blow over $100,000,000 lobbying.
No matter how much money HLF shorts have lost, it pails compared to Ackman’s losses just on HLF alone.
I hope ADP is smart enough to shrug off Ackman. If they don’t, I will put in a massive short POS on ADP as will most of the market. Those of us who have followed Ackman for over a decade know that we are always better off going inverse to Ackman.
“When Ackman goes short, BUY”
“When Ackman goes long, SELL if you own, short it to the ‘ends of the earth”
Been working for years and always well.
When Billy boy Ackman first announced his reckless and poorly researched HLF Short bet. Called Herbalife a “Pyramid scheme” said he HLF stock, took a billion $$$ bet on HLF and announced the stock was going to zero, so many of us laughed at him and predicted failure for the ego driven head of Pershing Sq (or is that Perishing Sq??)
We laughed then and we are really in stitches now. It is almost too funny that this pseudo-ego driven maniac made wild accusations against Herbalife, assured all of his brain dead followers that he knew what he was doing, said he was short Herbalife “till the ends of the earth” Well I guess the ends of the earth was last Wednesday. That was when Ackman covered on his HLF short POS north of $75 after shorting @ $35 for a estimated loss of $40 per share and a massive loss for the ego maniac.
As a reminder, for the real dope on the dope Lyin Billy Ackman, go to www.therealbillackman.com
Now Ackman said he has changed his position and is in puts. He tried that before and they expired worthless. They will again. Just as assuredly as he lost his $1 billion short bet, he will lose on his smaller put bet as well. Remember, this is the same guy who lost $4 BILLION on VRX LAST WINTER. Do you really think he is a great investor? Nope.
And while Herbalife earnings reported on Thursday were a little disappointing and the stock sold off by about 3%, it came rallying back. So while the Ackmanaholics were oh so giddy Thursday evening, the same Ackmanaholics were remorseful on Thursday evening and Friday. Nothing new here. These guys don’t know a stock from a rock.
Where is Chris Irons aka quoththeraven, Matt Stewart (if he really is not just an alias for Chris Irons) and all the other seeking alpha authors who were betting on Ackman and so sure that Herbalife was a pyramid scheme? They or he seem awfully quiet. Much like they were after Ackman’s “Herbalife Death Blow” (hahahahaha) in 2014 or the terrible bomb of “Betting on Zero” (Ackman’s informercial that died so quickly.
So certain. So sure and so wrong. Just like Ackman.
Ackman assured us again and again that he was holding onto his HLF short bet ’till the ends of the earth’ As far as I know, the end for the earth is not here. The end is over for Ackman though.
Oh yes, I know that he has a put position capped to a maximum of 3% of Pershing Squares assets. Pershing Squares assets have dropped from over $20 billion to under $10 billion. So at best, Ackman has a maximum cap of $3 million, if he maxes out. That is a long way from his original bet of $1 billion. What happened to the Ackman confidence and bravado? Look like chicken little now.
And remember, $3 million is the max. My guess is that his real investment in HLF puts is much less than that.
Still there are a lot of shorts out there. This is exciting for we longs. With Ackman out and earnings past, look for these shorts to begin covering enmasse. The excitement and drama in shorting HLF is now gone. As they cover, HLF stock will rise. And with Ackman gone, the negative PR that we have experienced for nearly 5 years now will also stop. This will accelerate sales for Herbalife and thus HLF earnings in the future.
Now is the time to begin adding more shares. Buy on the dip. Don’t get sidetracked by negative and erroneus stories on seeking alpha and other FAKE NEWS outlets pushing doom and gloom for Herbalife and HLF stock. Haven’t we heard enough of this over the last 4 3/4 years? If it had any traction, why didn’t it work?
And what of Ackman? What will he do now? We know that he is trying to get seats on ADP. God help ADP if he succeeds. He will do to ADP what he did to JCP. So many people lost jobs thanks to Ackman. JCP still hasn’t recovered.
Ackman hyped VRX buying shares @ $270 and then sold @ $10. Brilliant move.
He shorted HLF @ $35 and covered north of $75. Brilliant move.
He was so wrong with Borders, Target, Chipottle and so many more. He bankrupted Gotham Partners. He has been wrong more times than he has been right.
He is the worst hedge fund manager. No one has been more wrong more often than Ackman. He is a self serving, egotistical clown. He has not been called “a modern day PT Barnum” for nothing. He is all show and no go.
ADP, I hope you are listening.
HLF longs, I hope you are listening too. I have been on this since December, 2012. I have never been wrong once. Ackman and shills? They haven’t been right even once.
Ackman may need to find another line of work. I can suggest something for him…..