Could Ackman be right in The Battle of Billionaires on Herbalife ($HLF)


Take a look at the chart of Herbalife ($HLF) today it has completed a descending triangle bearish breakdown, if this is true Herbalife could go back to the $26 levels, meaning the Billionaire Bill Ackman would win his battle with Carl Icahn, as he is short Herbalife ($HLF) at prices around $44. That would generate more than a 40% return on Ackman’s short position.

Will Meade

Editor of The Billionaires Portfolio