There's been some very bad press about the US company with some talk about it not seeing this year out.
Tomorrow night I think it releases it's profit and disclosures (around 9am Qld time Tuesday) and it's thought that it will be a horror.
My indicators tell me it's a sick puppy at at $32.45 close Friday I wonder if this might be worth a small short trade, say 250 shares, with the idea of riding this all the way down. There is talk of Government intervention so perhaps Herbalife is trading while insolvent!
Any thoughts?
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Paul Rennie, MD & Founder
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