1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4601) 

Bill Ackman Discusses His Herbalife Short and His JC Penny Long

January 21, 2013 | About:

Here are two videos with Bill Ackman where he is promoting two of his positions which may need some help.

First is Herbalife (NYSE:HLF), which he explains his reason for shorting as being simply that the company is a "pyramid scheme." That should be enough said, but it has to be a bit disconcerting now with Carl Icahn and Dan Loeb taking the long side of that trade.

Second is J.C. Penney, where Ackman has a high-profile long position in the struggling retailer. His plea to investors is that CEO Ron Johnson simply needs more time.











About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.7/5 (3 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


Marty FletcherAg Chemicals
rael222230061960/1
rmaluskiWatchlist (NC)
rael222230061960
rmaluskiS&P 500 NOPAIT
amt2100Apr2016-value with buyback
Marty FletcherREITS
Marty FletcherRestaurants
rael22223006
BazBJ Screen April 2016

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK