LULAC - Herbalife has Greatest one Day Share Price Increase in 30 year History

The Editor:  William Ackman, the owner of Pershing Square Capital Management, the person who financed LULAC operatives at the LULAC Convention in New York City, the person who finances Brent Wilkes' anti-Herbalife ranting against Herbalife and LULAC'ers who are agents of Herbalife, got flushed in the Wall Street toilet Tuesday.  Today was the day that William Ackman was going to make a presentation, a 3 hour one at that, that was to be the final blow against Herbalife.  The reports in the financial circles waited with heavy anticipation for Ackman's bombshell.  Wall Street waited.  Within a brief time of getting their financial breath today, William Ackman fell flat and Wall Street responded driving up the Herbalife share price by a jolting 25%.  The price went from 54 to 67 dollars a share.  The capitalization effect on Herbalife shares reached 6.65 billion dollars.  The financial story lines today were all about Ackman's failure to bring Herbalife down, but instead, about Herbalife's giant bump in its share value.  This is all about a 1 billion dollar bet that Ackman made on December 20, 2012 that he would bring down Herbalife's stock to $-0- and people like Brent Wilkes believed it and got the LULAC Machine to join the Ackman bandwagon, all for a price, you know that the Machine never does anything for free. 

 

UP BY 25.45%

Opened at 54.19 Closed at 67.77

Reported $ gain for day: $280 million, capped at $6.65 billion.

Herbalife Ltd. (HLF)

-NYSE Follow

67.77 13.75(25.45%) Jul 22, 4:00PM EDT

|After Hours : 67.12 0.65 (0.96%) Jul 22, 7:58PM EDT

Prev Close:	54.02
Open:	54.19
Bid:	67.00 x 100
Ask:	67.19 x 300
1y Target Est:	85.50
Beta:	2.17
Next Earnings Date:	28-Jul-14

Day's Range:	52.50 - 68.23
52wk Range:	49.35 - 83.51
Volume:	27,997,005
Avg Vol (3m):	1,859,620
Market Cap:	6.65B
P/E (ttm):	14.81
EPS (ttm):	4.58
Div & Yield:	N/A (N/A)