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Why Activist Investor Bob Chapman Sold His Herbalife Shares
Posted by: CanadianValue (IP Logged)
Date: February 20, 2013 04:58PM
It is the greatest show on Wall Street: Bill Ackman vs. Dan Loeb and Carl Icahn over the future of Herbalife (HLF).
Before Icahn and Loeb's long positions were made public, activist investor Bob Chapman had informed us that he was also taking the other side of Ackman's trade and going long Herbalife.
He decided to exit his position and explains why:
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