jezzzz man...1 guy opens his mouth and bam!! 30% off
HLF - Herbalife Ltd - Page 2
hhaaa!!! i told you
Nu Skin Enterprises Inc. (NYSE: NUS) is lower for the second straight session and traders are suggesting this could be the doing of hedge fund king David Einhorn.
After getting sacked 8 percent Tuesday, shares of Nu Skin are down another 3 percent Wednesday.
The downside move in Nu Skin started after David Einhorn went after Herbalife (NYSE: HLF) on a conference call yesterday. The exchange created a 20% downside move in Herbalife and it is down another 5% today. Nu Skin and Herbalife have a similar model, using the direct selling approach, which is why traders are lumping the two together.
Some are even suggesting Nu Skin could be Einhorn's real target as he didn't disclose a short position in Herbalife yet. Of course, this is pure speculation.
i jus found it weird the stock started falling at 11:15
its at 70 for an entire 2 months (unless he did slowwwww dumps around here..without rocking the markets)
nuskin has seen more panic moves (10 dop in 10 days)...recovery... add another 10% drop last week...followed by the off the cliff drop of the last 2 days....
if the markets are wrong...herba can see a swift comeback...
if einhorn hasnt shorted (or discolosed short positions)-- he WILL need it to come back for a short again
looks like a good oppertunity to gamble
but thats what he did with GMRC...
he said im shorting stock fell off the cliff...
either hes in now....doesnt seem likely?? as the price as very constant
or looking to enter...or he was jus very curious lol
1. short stock
2. find discrepancies in business model & 10-k and amplify issues in a confusing manner using a skeptical & pompous tone
3. trigger a sell off as company execs answer questions in a dubious tone
4. make millions
this guy is good.. i wanna know what he's after next