tag:blogger.com,1999:blog-4815867514277794362.post8067459456312366731..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Comment on the false New York Post story about the law enforcement investigation against HebalifeJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-4815867514277794362.post-71789513621005321552013-03-18T20:13:42.336+11:002013-03-18T20:13:42.336+11:00You have really stirred up a hornet’s nest! See th...You have really stirred up a hornet’s nest! See the many buzzing going on here.. I am <a href="http://mena.searchinmena.com/ar/" rel="nofollow"> certain</a> you like all the attention!searchinmenahttps://www.blogger.com/profile/15647797937452446531noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-40061094500932911212013-02-17T03:28:50.058+11:002013-02-17T03:28:50.058+11:00out of my long in the big squeeze. May buy some b...out of my long in the big squeeze. May buy some back on Monday ... We will see; ~+15% is a nice little gain for what was always a trade rather than an investment given the questions over the long-term business model.Carlhttps://www.blogger.com/profile/15850776152068761904noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-57565666536497843012013-02-16T00:05:53.264+11:002013-02-16T00:05:53.264+11:00Now I really see what you mean by hedge fund porn!...Now I really see what you mean by hedge fund porn!! I have a small long in HLF ... it looks very very cheap (upside perhaps 100 - 150%) but Ackman is 'right'. However, probability of anything happening? << 50%; as you said, there are lots of scumbags out there. Apparently there are many MLM schemes, and HLF have a product, its just that gross margins perhaps should be no-where near 80%! Probability of a short-squeeze with Loeb and others buying? > 50%. And now Icahn has launched his attack. This is legendary stuff!Carlhttps://www.blogger.com/profile/15850776152068761904noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-29189285176585196742013-02-12T09:37:45.613+11:002013-02-12T09:37:45.613+11:00Dear Anonymous
HLF has made it perfectly clear se...Dear Anonymous<br /><br />HLF has made it perfectly clear several times that noones gets paid for recruitment. <br /><br />The minority of the distributors called sales leaders do get commissions for the sales made in their networks, and some of that sales volume is indeed generated by happy self-consuming distributors, like a consumer club. They are not loosing any money or "suffering" like Ackman wish you to believe. It is not the same as "being paid for recruitment" and FTC is perfectly fine with these wholeseller commissions. A pyramid scheme just rolls up cash along the pyramid without any serious product exchange or usage. Herbalife is an absolutely normal wholeseller business, adding a customer relation value to their product. <br /><br />I trust you know that this is not the first attack (and certainly not the last) on a a legit MLM company (or on HLF). It is an easy target for any strong hedge fund and thus most MLM companies are private, not publically traded.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-71929804402707633262013-02-12T01:33:23.746+11:002013-02-12T01:33:23.746+11:00Will we see a DIRECT response to all of the questi...Will we see a DIRECT response to all of the questions raised by Pershing Square in the last 24 hours? <br /><br />So far the Hefbalife longs have done a great job of dancing around the key issue (ie do distributors get paid primarily for recruiting) so I would be very interested to see the response from one of the many ardent Herbalife supporters. I am probably being too optimistic....judging by the level of research and analysis being conducted by the Herbalife bulls I doubt any of them has even taken the time to read PSCM's entire 40 page document.<br /><br />I have made this point many times before - only Herbalife actually KNOWS the answers to the questions posed given the questions require access to non-public Herbalife information. Given 1) none of the investing public know the answers, 2) the information required to answer the questions is not disclosed by Herbalife, 3) Herbalife have refused to address the key compensation issue and 4) like it or not PSCM's analysis has raised a number of red flags, how can any self respecting "investor" confidently buy Herbalife shares??<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-25163473324928399472013-02-09T04:59:36.053+11:002013-02-09T04:59:36.053+11:00I've been through every question, there is not...I've been through every question, there is nothing new what so ever in these 38pages. Some questions are borderline childish but most are fair for anyone not familiar with direct sales or the commission plans in multi level marketing companies. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-71497653684193548592013-02-08T01:54:17.346+11:002013-02-08T01:54:17.346+11:00From Bill Ackman this morning (morning in the East...From Bill Ackman this morning (morning in the Eastern time zone)...<br /><br /><a href="https://docs.google.com/file/d/0B5wCeMrU2cpxeEl0S1BMdWhvUmc/view?usp=sharing&pli=1&sle=true" rel="nofollow">30+ pages of questions for Herbalife</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-33249623123209821772013-02-07T12:20:48.391+11:002013-02-07T12:20:48.391+11:00http://www.nasdaq.com/article/sec-enforcement-staf...http://www.nasdaq.com/article/sec-enforcement-staff-opens-inquiry-into-herbalife-20130109-00897#.URMAMqWtzE0<br /><br />...and what about the reports that surfaced on January 9 regarding an SEC probe? <br /><br />Keep in mind that this comes after the SEC investigated Herbalife's 2011 10-K and decided not to pursue further action despite Herbalife failing to answer their key question regarding what is known as the "70% rule". Under this "rule" the company must prove that at least 70% of its sales to distributors are actually consumed or on-sold to external customers in the period. This is considered a critical component of proof that a company is not a pyramid scheme. <br /><br />It would be great to get your view on the above. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-73795580255217254262013-02-06T20:51:44.307+11:002013-02-06T20:51:44.307+11:00And Bill Ackman commented on this...And Bill Ackman commented on this...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-76748830408028855992013-02-06T05:35:40.587+11:002013-02-06T05:35:40.587+11:00You think the NY Post is a fine paper? Newspapers ...You think the NY Post is a fine paper? Newspapers must be horrible in Australia!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-62065703468147221842013-02-06T01:17:41.172+11:002013-02-06T01:17:41.172+11:00I love HLF and the many wonderful trading opps it ...I love HLF and the many wonderful trading opps it has offered as well.<br /><br />I also bought on the dump, but sold most into the pump (left a little on the table).<br /><br />USNA reports after the close and may give us all an indication of the health of the MLM business in both N. America and Asia.<br /><br />On the NYPost, it's publish or perish. 3 "hot copy" a week stories minimum.HumpOnDumpSellIntoPumpnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-82314744233548170042013-02-06T00:17:54.585+11:002013-02-06T00:17:54.585+11:00And bouce it did... And bouce it did... Anonymousnoreply@blogger.com