A Message From Lucianne  







S-G1




























ST-GC



        
 

 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


  Topic: Herbalife stock tumbles for a
4th day on ´pyramid scheme´ claims
Change your user profile.
If you are having trouble posting, please take the time to register.
Your User Name :
Your Password
  I forgot my password
Your Reply  :
Preview Reply     Post Reply
Herbalife stock tumbles for a
4th day on ´pyramid scheme´ claims

Los Angeles Times, by Andrew Tangel

Original Article

Posted By:LittleHoodedMonk, 12/24/2012 6:08:56 PM

Shares of Herbalife Ltd. got pounded for a fourth straight trading day on Wall Street, as investors sent the stock diving an additional 5% on Monday. The Los Angeles-based marketer of nutrition powders, bars and vitamins has seen its stock price plummet since New York hedge fund manager Bill Ackman last week called the company´s business a pyramid scheme. Its shares have lost about 40% since Ackman lodged his allegations. (Snip) Ackman has said he will continue shorting, or betting against, Herbalife´s stock until it reaches zero. Ackman´s reputation on Wall Street could lead other investors to

Comments:
If what Ackerman says is true, why hasn´t either Wall Street or the Justice Department sought criminal action against Herbalife? Of course, letting the stock be shorted to zero [possibly] could be poetic.

      


Post Reply  

Reply 1 - Posted by: woofwoofwoof, 12/24/2012 6:31:13 PM     (No. 9082442)

Good grief, there´s nothing new about this, Herbalife (like Amway before it) has been an excuse for thirty years to write off your car and big part of your mortgage, nobody actually buys and uses the products.

  Click Here if you Like this Comment

   1  person like this.


Reply 2 - Posted by: coldoc, 12/24/2012 6:43:51 PM     (No. 9082455)

In these days, 5% hardly constitutes a "dive". Unless of course, you are an irresponsible journalist wannabe with a penchant for over dramatization who doesn´t have a clue what you are talking about.

  Click Here if you Like this Comment

   1  person like this.


   

 

R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: secondtimelucky, 12/24/2012 7:12:14 PM     (No. 9082479)

Herbalife has been around for umpty dump years and first now this is an issue? Everyone knows the score there - and truthfully, if you work hard and build a network below you that´s what the business is all about. It would be a true pyramid if there was no ´´product´´. Avon and Mary Kay are structured exactly the same way. You sell the product yourself and if you´re happy there, that´s where you stay. BUT, if you build a network and get a piece of everyone else´s action I really don´t see how this is a negative.

Unless you end up with a closet of stuff you can´t use or sell...

  Click Here if you Like this Comment

   1  person like this.


Reply 4 - Posted by: Lawsy0, 12/24/2012 7:20:12 PM     (No. 9082487)

How many lines of hahahahaha can I type before they ban me from the site?

  Click Here if you Like this Comment

   1  person like this.


Reply 5 - Posted by: Cardsfan, 12/24/2012 7:48:44 PM     (No. 9082500)

I believe that Ackman sold Herbalife stock short before he made his accusations public. If true, that is known as stock manipulation and, regardless of whether he´s right or not, he should be prosecuted.

  Click Here if you Like this Comment

   1  person like this.


Reply 6 - Posted by: Straitpath, 12/24/2012 8:06:41 PM     (No. 9082520)

He is selling short. It´s done periodically in this industry. The industry survives and the short sellers make millions. Now might be a good time to buy Herbalife.

  Click Here if you Like this Comment

   1  person like this.


Reply 7 - Posted by: thelmalou, 12/24/2012 8:21:24 PM     (No. 9082529)

#4 - heh...me, too.


  Click Here if you Like this Comment

   1  person like this.


   

 

  


 
Reply 8 - Posted by: realrep, 12/24/2012 8:46:06 PM     (No. 9082551)

Some people were trying to something similar with Pre-Paid Legal Services stock several years ago. They wanted to drive the price of the stock down. Pre-Paid Legal made some management changes along with removing itself from the NYSE.

  Click Here if you Like this Comment

   1  person like this.


Reply 9 - Posted by: Dems R Dumm, 12/24/2012 9:47:30 PM     (No. 9082588)

´Multi Level Marketing´ is just another way of saying ´Pyramid Scheme´!

  Click Here if you Like this Comment

   1  person like this.


Reply 10 - Posted by: Attila DiMedici, 12/24/2012 9:50:49 PM     (No. 9082591)

I remember my father calling Herbalife a pyramid scheme, comparing it to Amway, in the 1980s. What is new about this accusation?

  Click Here if you Like this Comment

   1  person like this.


Reply 11 - Posted by: wws, 12/24/2012 10:06:07 PM     (No. 9082599)

as others have said, Herbalife may or may not be a pyramid, but all of this info has been known for 30 years. (I have friends who´ve been involved) So what´s new now? This sounds like a bear raid by a group of short sellers, trying to drive the stock down.

  Click Here if you Like this Comment

   1  person like this.


Reply 12 - Posted by: voxpopuli, 12/24/2012 10:46:13 PM     (No. 9082624)

#5..
Ackman is not an insider.. him taking a position and talking about it later is fine..
you might be alluding to FRONT RUNNING..
something the SEC investigated Jim Cramer of cnbc for allegedly doing in 2005..

i actually like Ackman.. seems to be somewhat of a leftie in his charitable giving, though..

  Click Here if you Like this Comment

   1  person like this.


   

 

B-G1


 
Reply 13 - Posted by: TheMom, 12/24/2012 11:10:55 PM     (No. 9082632)

The worst pyramid scheme of all is our own govt. It wouldn´t surprise me to learn that this is only the start of a move to destroy the network marketing businesses. True, there are thousands of scams out there, but to tear down the reputable organizations as well is irresponsible at best.


  Click Here if you Like this Comment

   1  person like this.


Reply 14 - Posted by: subguru, 12/25/2012 12:06:05 AM     (No. 9082655)

Some girl in my summer college job office IN THE EIGHTIES sold herbalife - we knew it was a pyramid then. I´ve been surprised they haven´t been shut down.

  Click Here if you Like this Comment

   1  person like this.


Reply 15 - Posted by: ColonialAmerican1623, 12/25/2012 12:44:35 AM     (No. 9082670)

If all of the companies that are pyramids shut down, we wouldn´t have any insurance companies. Even Avon is a pyramid.

  Click Here if you Like this Comment

    2 persons like this.


Reply 16 - Posted by: annie xango, 12/25/2012 2:43:10 AM     (No. 9082693)

...this company has been around for decades.something smells here...

  Click Here if you Like this Comment

   1  person like this.


Reply 17 - Posted by: olcap, 12/25/2012 6:51:30 AM     (No. 9082792)

The insurance industry is not a pyramid scheme, it is legalized extortion.

  Click Here if you Like this Comment


   

 

R_DBL_B
  


 
Reply 18 - Posted by: ROLFnader, 12/25/2012 11:03:02 AM     (No. 9082992)

The federal government should prosecute all involved in this scheme. It´s nearly as crooked as that one that takes money out of your paycheck all year and puts the funds in a retirement plan with your name on it . All of the funds are then stored in a lockbox in a safe, crime-free area of Washington ,DC.

  Click Here if you Like this Comment

   1  person like this.



Post Reply   Close thread 716640




Below, you will find ...

Most Recent Articles posted by "LittleHoodedMonk"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "LittleHoodedMonk"



Obama signs Ted Cruz bill into law,
but says he won´t enforce it
Washington Examiner, by Joel Gehrke    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 5:32:38 PM     Post Reply
President Obama on Friday signed into law a bill authored by Texas Republican Sen. Ted Cruz that would bar an Iranian diplomat from entering the United States, but immediately issued a statement saying he won´t enforce it. Obama decided to treat the law as mere advice. "Acts of espionage and terrorism against the United States and our allies are unquestionably problems of the utmost gravity, and I share the Congress´s concern that individuals who have engaged in such activity may use the cover of diplomacy to gain access to our Nation," Obama said in his signing statement. "Nevertheless, as President [George H.W.] Bush also observed,

Can This Marriage Be Saved?
Weekly Standard Magazine, by Jay Cost    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 2:46:29 PM     Post Reply
Jeb Bush’s recent musings on a possible presidential run—and his comments on immigration, rankling many in the Republican grassroots—sparked a familiar clash. Jeb, the establishment’s preferred candidate, some said, could neutralize the fiery GOP base in 2016. Conservatives shot back that Jeb would depress conservative turnout, and his last name would play poorly with the general electorate. It’s a constant tension: The base is unhappy with the establishment, and vice versa. But this year, the marriage of convenience between the grassroots of the party and its donor class has emerged so battered from eight years of

Iran Vice President Says
Row Over Reactor Resolved
Associated Press, by Staff    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 2:03:13 PM     Post Reply
Tehran, Iran - Iran will redesign its Arak heavy water reactor to greatly limit the amount of plutonium it can make, the country´s vice president said Saturday, marking a major concession from the Islamic Republic in negotiations with world powers over its contested nuclear program. The comments by Vice President Ali Akbar Salehi comes as the talks face an informal July 20 deadline to hammer out a final deal to limit Iran´s ability to build nuclear arms in exchange for ending the crippling economic sanctions it faces. Iranian state television quoted Salehi, who heads the Atomic Energy Organization of Iran, as saying that Iran has

   

 



 
Asia seeks Obama’s
assurance in territorial spats
Associated Press, by Julie Pace    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 1:38:47 PM     Post Reply
Washington - As President Barack Obama travels through Asia this coming week, he will find a region that’s warily watching the crisis in Ukraine through the prism of its own territorial tensions with China. Each of the four countries on Obama’s itinerary — Japan, South Korea, Malaysia and the Philippines — has a dispute with Beijing over islands in the South and East China Seas. (Snip) Administration officials, including Defense Secretary Chuck Hagel, have taken a tougher line on the territorial issues in recent weeks, sternly warning China against the use of military force and noting that the U.S. has not formally taken sides on the question

Twelve gold bars removed
from Indian man´s stomach
Yahoo!7 [Australia], by Staff    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 1:29:05 AM     Post Reply
Doctors can be hard people to shock, but a recent case left one surgeon flabbergasted. A 63-year-old man came to hospital complaining of vomiting and stomach pain. He claimed he´d swallowed the lid of a bottle in an act of anger during a marital dispute, and was given an x-ray. Doctors knew what they were seeing was no bottle cap, but it was not until they operated on the man that the source of his complaint was revealed. Twelve bars of gold weighing nearly 400g were found in the man´s stomach and removed. The BBC reports that police and customs authorities had questioned the businessman and confiscated the gold.

6.6-quake hits off PNG´s Bougainville
Agence France-Presse, by Staff    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 1:08:15 AM     Post Reply
Sydney - A strong 6.6-magnitude earthquake struck off Papua New Guinea´s Bougainville Island on Saturday but there was no risk of a widespread tsunami, seismologists said. The quake, scaled back from an initial reported magnitude of 6.9, hit at 0104 GMT and was centred 59 kilometres (36 miles) southwest of the town of Panguna on Bougainville at a depth of 24 kilometres, the US Geological Survey said. In its initial estimate the USGS said there was a low likelihood of casualties and damage. According to the Hawaii-based Pacific Tsunami Warning Center there was no threat of a destructive widespread tsunami based on historical data.

Behind Qatar´s bet on
the Muslim Brotherhood
Christian Science Monitor, by Christa Case Bryant    Original Article
Posted By: LittleHoodedMonk- 4/19/2014 12:56:38 AM     Post Reply
Doha, Qatar - The Muslim Brotherhood, the Islamic political organization that has been defanged in almost every area where it was once a key player, has driven a deep rift between the Gulf´s two most powerful players. Months of tension between Qatar and its neighbors came to a head last month when Saudi Arabia, Bahrain, and the United Arab Emirates (UAE) withdrew their ambassadors. Although the regional Gulf Cooperation Council (GCC) announced yesterday that the parties had resolved their disagreement, that will likely remain a surface-level fix unless Qatar abandons its support of the Muslim Brotherhood – something it



Most Active Articles (last 48 hours)



Kim Novak responds to post-
Oscars ridicule: ‘I was bullied.’

54 replie(s)
Washington Post, by Soroya Nadia McDonald    Original Article
Posted By: MissMolly- 4/18/2014 5:02:40 AM     Post Reply
After presenting at the Academy Awards this year, Kim Novak didn’t want to leave her house. The Hitchcock screen siren, 81, was too humiliated to venture from her home near the Rogue River in Oregon. She read the cruel posts and Internet snark about her appearance, and it was just too much. “It got to me like it gets kids and teenagers,” she told the Associated Press. The “Vertigo” actress, considered one of the great beauties in her day, posted a note on her Facebook wall Thursday, acknowledging that she’d gotten fat injections in her face and addressing her halted

The Folly Of The Bundy Ranch Rebellion
44 replie(s)
The Federalist, by Grace Olmstead    Original Article
Posted By: Pluperfect- 4/18/2014 4:21:46 AM     Post Reply
It’s the stuff of Westerns: a showdown on the desert plains, the big bad government against an underdog farmer. Though the story has only grabbed national headlines in the past several days, rancher Cliven Bundy has illegally grazed cattle on the Nevada land surrounding his farm for over 20 years. He hasn’t paid grazing fees since 1993, and refuses to renew the necessary grazing permit.(Snip)Rather than using the avenues and pathways presented to him, Bundy has staunchly declared his own law and allegiances. Unfortunately, reality doesn’t work this way. If only it did—we could rebel for paying stupid taxes, refuse to

White House blames fox for
destroying Michelle’s garden

44 replie(s)
Daily Caller, by Vince Coglianese    Original Article
Posted By: Pluperfect- 4/18/2014 3:59:04 PM     Post Reply
The White House is going to war with another fox — and this time, it’s personal. The Wall Street Journal reports that a red fox has been causing chaos around the White House, tripping security alarms, digging up Michelle’s garden and distracting the president from his duties. The Secret Service won’t give any details about how often the fox trips the White House’s obviously sophisticated security alarms, but rest assured, officials say, they’re watching. President Obama was apparently “stunned” to see the fox roaming freely down the oft-photographed White House colonnade, home to the world’s shortest, but most dramatic, outdoor strolls. The bushy-tailed visitor

Students Demand Acknowledgement of
Robert E. Lee´s ´Racist and Dishonorable Conduct´

43 replie(s)
Breitbart´s Big Government, by AWR Hawkins    Original Article
Posted By: Desert Fox- 4/18/2014 12:35:28 PM     Post Reply
A group of seven multiracial Washington and Lee University (W&L) students are demanding the school remove all Confederate flags from campus and "acknowledge" General Robert E. Lee´s "dishonorable side." According to the Roanoke Times, "seven multiracial students, calling themselves ´The Committee,´" have also demanded the school "acknowledge and apologize for participating in chattel slavery." They want recognition of "Martin Luther King Jr. Day on the undergraduate campus" and an end to "neo-Confederates" marching across campus "to the Lee Chapel on Lee-Jackson Day." The students say they will "engage in civil disobedience" if their demands are not met by September 1st. They added: "The

Living in the New York Times World
37 replie(s)
American Thinker, by J. Paul Masko    Original Article
Posted By: magnante- 4/19/2014 7:48:36 AM     Post Reply
I began reading the entirety of the first section of the New York Times at nine years old, and continued that practice, more or less, for decades.(snip) ...the power of reverence, intrinsic to what I call the “cascade” of The Times: the near avalanche-like flow and distribution of information through electronic and print networks: through like-minded network newscasts, magazines, local newspaper s, blogs, daytime talk TV, late-night entertainment, statements at media award ceremonies, the celebrity Twitterverse, etc. The cascade rolls through Saturday Night Live, Jon Stewart, The New Yorker, the mouths of third-grade teachers, Elmo, Madonna and Susan Sarandon …through

In a Hole, Golf Considers
Digging a Wider One

32 replie(s)
New York Times, by Bill Pennington    Original Article
Posted By: Pluperfect- 4/19/2014 10:48:33 AM     Post Reply
GREENSBORO, Ga. — Golf holes the size of pizzas. Soccer balls on the back nine. A mulligan on every hole. These are some of the measures — some would say gimmicks — that golf courses across the country have experimented with to stop people from quitting the game. Golf has always reveled in its standards and rich tradition. But increasingly a victim of its own image and hidebound ways, golf has lost five million players in the last decade, according to the National Golf Foundation, with 20 percent of the existing 25 million golfers apt to quit in the next few years. People under 35 have especially spurned the game, saying it takes too

Obama: ´For me, Easter is a story of hope,
a belief in a better day to come´

30 replie(s)
Investor´s Business Daily, by Andrew Malcolm    Original Article
Posted By: SurferLad- 4/19/2014 9:16:36 AM     Post Reply
Hi, everybody. For millions of Americans, this time of year holds great meaning. Earlier this week, we hosted a Passover Seder at the White House, and joined Jewish families around the world in their re-tellings of the story of the Exodus and the victory of faith over oppression. And this Sunday, Michelle, Malia, Sasha, and I will join our fellow Christians around the world in celebrating the Resurrection of Christ, the salvation he offered the world, and the hope that comes with the Easter season. These holy days have their roots in miracles that took place long ago. And yet, they still inspire us, guide us, and strengthen us today. They remind us of our

   

Post Reply   Close thread 716640





Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


© 2014 Lucianne.com Media Inc.

~~~c~~~