Herbalife Spikes on News of Re-Audited Financials - Carl Icahn Says Stock Is Still Undervalued

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Dec 17, 2013


Herbalife (HLF, Financial) got some good news with the results of its re-audited 2010 to 2012.


Carl Icahn who is long HLF says he never really doubted the fact that this is a viable company.


It takes him less than a minute to refer to Bill Ackman's short report on the company as being nonsensical.


He thinks HLF is a no-brainer investment opportunity at the current price: