HLF is moving out toward the end of this triangular consolidation pattern.
Several previous consolidation patterns for HLF have not panned out and have morphed into more extended consolidation patterns. Thus it is possible that this could morph into a rectangle-shaped consolidation and extend further.
I'm still long.
Icahn has added to his position twice for the first time in quite a while.
That has taken some supply of shares out of the market.
I expect that he will purchase some additional shares and try to get his position up a few more percentage points.
Once that has been accomplished, I expect the company to announce a Modified Dutch Tender offer for something on the order of $1.2 billion of stock using its new credit facilities and cash on the balance sheet.
That could reduce the share count a further 10%-20%.
The M.O.A.S.S.* is almost upon us!
*M.O.A.S.S = Mother of All Short Squeezes
Several previous consolidation patterns for HLF have not panned out and have morphed into more extended consolidation patterns. Thus it is possible that this could morph into a rectangle-shaped consolidation and extend further.
I'm still long.
Icahn has added to his position twice for the first time in quite a while.
That has taken some supply of shares out of the market.
I expect that he will purchase some additional shares and try to get his position up a few more percentage points.
Once that has been accomplished, I expect the company to announce a Modified Dutch Tender offer for something on the order of $1.2 billion of stock using its new credit facilities and cash on the balance sheet.
That could reduce the share count a further 10%-20%.
The M.O.A.S.S.* is almost upon us!
*M.O.A.S.S = Mother of All Short Squeezes
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.