Remember the dreadful Bill Ackman/Carl Icahn feud back in the day? Ackman was a big HLF bear, and he had a monster short position, whereas Icahn was a HLF bull and mercilessly taunted Ackman all the way up. Ackman had this short going from 2012 until 2019, but he couldn’t take it anymore, so he got out at a huge loss around June 2019.
I probably don’t have to mention what happened next. Everything about this company just SCREAMED “fraud that abuses poor people“, and it’s too bad Ackman didn’t keep his middle finger raised toward Icahn a few more years.
