Although I feel that the company is fundamentally strong, the valuation have bounced back from pre-ackman presentation level.
I will try to lock in some of my gain in the next couple of days..
Wednesday 16 January 2013
Herbalife - update 2
From my initial blog on Dec 28th, the price of HLF went up from approximately USD28.5 to close about USD 46 yesterday. That's a gain of approximately 60% in 17 days.
Although I feel that the company is fundamentally strong, the valuation have bounced back from pre-ackman presentation level.
I will try to lock in some of my gain in the next couple of days..
Although I feel that the company is fundamentally strong, the valuation have bounced back from pre-ackman presentation level.
I will try to lock in some of my gain in the next couple of days..
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