Icahn - Ackman on HLF are simply rantings of a sore loser
Carl Icahn responded to Ackman in a conversation with Bloomberg TV's Trish Regan, saying:
"I fail to understand how Bill Ackman, whom I haven’t spoken to for years, nor do I intend to speak to, would know what I am or am not committed to. I continue to believe Herbalife has a great future, and in my opinion many of the things Ackman says about it are simply the rantings of a sore loser…Interestingly there is something that Ackman and I have in common. Ackman complained at an Oxford conference that every time I went on TV and mentioned Herbalife, the stock went up a few points. Well, that's also true of him."
Videos for viewing and embedding:
-Lost $400-500 million on Herbalife (HLF)
-Losses are mark-to-market
-'Lots of ways we can be successful' on HLF
-Pershing has met with foreign regulators on HLF
-Herbalife re-audit should have been completed by now
-He doesn't know what FTC is doing on Herbalife
-Re-audit is a short-term catalyst if not done by December
-An Herbalife LBO is more opportunity to go short
-He'll take Herbalife bet 'to the end of the earth'
-Herbalife short 'not a trade for me'
-Skeptical of Icahn's belief in Herbalife long-term
-Puzzled by Bill Stiritz's Herbalife motivations
-Herbalife fits FTC OCT pyramid warning
-He has data on Herbalife distributor earnings
-Seeks third party auditor on Herbalife retail sales
-Herbalife longs are all 80-year old billionaires.
-He is not short JCPenney (JCP)
-Hopes JCP becomes a very successful company
-He deserves his share of responsibility for JCP
**CREDIT: BLOOMBERG TELEVISION**