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Thursday, March 7, 2013

Herbalife: Icahn Literally Leaps On Board $hlf

Herbalife: Icahn Literally Leaps On Board $hlf

The ongoing saga of Herbalife (HLF) continues to grab headlines, especially since the controversies and the subsequent gyrations in HLF shares have centered upon high visibility characters and their actions, more than metrics and fundamental analysis. The Ackman vs. Icahn struggle is like a "title bout," and it has taken on story-book, if not comic-book proportions. Indeed, the drama continues to grow, and the multi-billion dollar stakes have attracted the attention of average investors, the moguls of Wall Street and the 2.7 million Herbalife distributors in 75 countries around the world. Finally, adding additional fuel to the fiery story is that Mr. Ackman's claims actually threaten the very existence of HLF, so it's not just a controversy based upon differing opinions about valuations.

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