If you haven't seen it yet, Bill Ackman of hedge fund Pershing Square Capital has released a new slideshow on his short position in Herbalife (HLF). In it, he further elaborates on his claim that HLF is a pyramid scheme and compares it to Fortune Hi-Tech Marketing.
Ackman made this comparison due to the FTC's recent legal action against Fortune Hi-Tech Marketing. Obviously, he feels there are numerous similarities and he points them out in the slideshow.
Embedded below is Ackman's latest Herbalife slideshow presentation:
For more analysis on this name, head to Ackman's original short thesis on Herbalife (HLF). He also followed up with questions for Herbalife.
Wednesday, March 20, 2013
Bill Ackman's Latest Herbalife Presentation: Comparing HLF to Fortune Hi-Tech Marketing
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