Carl Icahn Backs Herbalife
By
equityoptionsguru
PUBLISHED:
Feb 15 2013 @ 11:07
|
Comments (0)
|
Herbalife (NYSE:HLF) is up more than 11% in today’s trading session after Carl Icahn revealed that he increased his stake in the company to over 14 million shares.
© Mike Hodges
Over the past several months, several of Wall Street’s most famous traders have been battling over whether the company is a ponzi scheme. Bill Ackman seems to think it is. David Einhorn and Carl Icahn have come out in defense of the company.
With earnings due out next week on February 19th, investors should get more color from the company on what exactly is going on.
Click Here to register for free on Investors Hub
This area of the investorshub.advfn.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of Investors Hub. Investors Hub does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at Investors Hub is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by investorshub.advfn.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Register for streaming realtime charts, analysis tools, and prices.
