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 (4624) 

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 has detected 6 Warning Signs with Herbalife Ltd $HLF.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue


User Generated Screeners


DANGORDONEPS GROWTH 1Y 5-29-17
DANGORDONEPS GROWTH 3Y 5-29-17
DANGORDONEPS GROWTH 10 Y 5-29-17
DANGORDONEPS GROWTH 5-29-17
DANGORDONEPS GROWTH 5-28-17
Jefulford2 P/Es under 10
HOLKLSUMini Group Low Shiller P/E
doonich5% within 52wk
JefulfordNegative EV
JefulfordP/graham <0.5
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