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Is Bill Ackman Covering his Herbalife (HLF) Short Quietly? DA Davidson Opines

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Herbalife (HLF) Bear Case in Tatters - DA Davidson

June 12, 2013 1:03 PM EDT

DA Davidson's Tim Ramey reiterated Herbalife (NYSE: HLF) as his Best Idea for 2013 following Nielsen data that basically blew a hole in Bill Ackman's thesis: Slide #11 Has anyone ever purchased an Herbalife Product?" Slide 12: "The only $2 billion brand nobodys ever heard of."
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87% of Herbalife (HLF) Purchasers Not Distributors; Canaccord Reiterates Buy

June 12, 2013 9:08 AM EDT

Canaccord Genuity today maintained a Buy rating on Herbalife (NYSE: HLF) with a price target of $63.00. Herbalife recently released data from a Nielson consumer survey in the U.S.

According to the research, 3.3% of the general population reported that they had purchased Herbalife... More