The Scary Truth for Ackman; These Charts May Explain Why He Lost in Herbalife (HLF)

DA Davidson crack Herbalife (NYSE: HLF) analyst Tim Ramey provided some insight on how he tracks Herbalife results real-time. Since data is limited, one of Ramey's favorite tools is Google Trends.

Search term "my Herbalife", for example, indicates massive growth. Since the www.myherbalife.com site is the portal for distributors, it is a notable term. Below is the impressive chart.



The broader search term "Herbalife" is less "growthy" but also shows strong gains, Ramey comments. It notably shows a drop off every year around Christmas. Ramey quips - "who wants to think about weight-loss then!"



Also notable is search term "Herbalife Ackman," which peaked in January 2013, just days after Bill Ackman's short presentation. It has fallen off a cliff since and there is no interest in this search term outside the U.S..



Ramey maintained his Buy rating price target of $92 on HLF.

For an analyst ratings summary and ratings history on Herbalife click here. For more ratings news on Herbalife click here.

Shares of Herbalife closed at $69.67 yesterday.

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