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Hlf
- Thread starter steveny
- Start date
Short/long I don't touch it!!!
I'm with DocJohn on this one!!!
Steve, you can have HLF!!!
HLF?
Guns or Bicycles?
https://hlfmanufacturing.com/
http://www.manta.com/c/mm00gf1/hlf-distributing-inc
Guns or Bicycles?
https://hlfmanufacturing.com/
http://www.manta.com/c/mm00gf1/hlf-distributing-inc
Sent you a pm
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Hmm, by the math I've done one outta five people should know what herbalife is as they would have purchased their products according to reported sales numbers. My suspicions will hopefully have a basis after this poll is completed.
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Hmm, by the math I've done one outta five people should know what herbalife is as they would have purchased their products according to reported sales numbers. My suspicions will hopefully have a basis after this poll is completed.
I have been saying for years it is just a well managed pyramid scheme and am amazed it is still around. I know Bill Ackman did an 8 figure short on it and and got bitch slapped when Icahn and Soros decided to play the game but at some point I would like to think they will be found to be a true pyramid scheme.
Hey Steve, do you remember that we drove past one of the Herbalife founder's mansions in Palos Verdes years ago? He purchased his next door neighbor's house and tore it down in order to make his home 15,000 sf. Pyramid schemes make money!
Or Mary Kay, then you could get a pink NSX.
Yes I do. That is such a beautiful place where you live. I had a great time that day.
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Well this is how I see it....
They base their sales numbers on units sold to their salesman and not on units sold to end users. And even those numbers to salesman are units shipped not necessarily units sold. No other business I know of does their accounting this way. Its shady at best.
They could very well be saying that they ship X when they actually ship Y. If I were ackman and had this kind of trade on... I would get someone to do some research on the underlying companies that supply HLF with raw products and then do a little math to see if they are even in receipt of enough raw products to manufacture what they claim to "ship"
If he has the money and stomach to hold or add to the position I think it will eventually pay off for him.
I personally don't know a single person who has bought, used or sells this product, but I also live in the sticks.
Furthermore a while ago I did some quick math and it's mathematically near impossible that I don't know at least one person who uses HLF products based on their sales numbers and price points.
IOW what they claim to sell total, divided by an average sales price of all products, leads me to believe that one in five people buy their products in any one reported quarter. Math doesn't lie.
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Is anyone gonna vote?
Think I know who Ackman's new partner is..
I think their company is a joke but I what I don't think is a joke to sustain >100% losses on the short side then the company has blow out 3q earnings. Ouch.
I think their company is a joke but I what I don't think is a joke to sustain >100% losses on the short side then the company has blow out 3q earnings. Ouch.
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It might be one of those trades where he's right but can't afford to hold on long enough to find out. According to what I've read he's currently down 500 million.
