Stocks Crossing 50-Day SMA 01/14: (HLF) (SQNM) (PAAS) Above; (CRUS) (GTAT) (KBR) Below
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Ackman Ready for "Counterattack" on Herbalife (HLF) as Short Bet Turns Against Him
January 15, 2013 3:06 PM ESTWith shares of Herbalife (NYSE: HLF) up 85 percent from recent lows and his short bet getting dangerously close to being underwater, Bill Ackman is apparently ready to fight back.
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that founder and CEO of Pershing Square Capital Management Bill Ackman is planning to launch a "counterattack."
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