Former Herbalife (HLF) Bear Points Out Where Ackman Went Wrong
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Herbalife (NYSE: HLF) shares are on the move higher as an article by one former Herbalife bear is making the rounds.
The article, written by Robert Chapman, founder of Chapman Capital, refers to the recent accusations by Pershing Square's Bill Ackman. Chapman said he was bearish on Herbalife in 2000 following the passing of founder Mark Hughes.
For the full print, click here.
Though the article is from January 1st, it makes some compelling points against Ackman. Herbalife is over 9 percent better on the session.
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The article, written by Robert Chapman, founder of Chapman Capital, refers to the recent accusations by Pershing Square's Bill Ackman. Chapman said he was bearish on Herbalife in 2000 following the passing of founder Mark Hughes.
For the full print, click here.
Though the article is from January 1st, it makes some compelling points against Ackman. Herbalife is over 9 percent better on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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William Ackman, Pershing Square Capital, Chapman Capital LLC, Robert Chapman
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