It must be a sweet place to be when the very fact that news of your stake in a publicly listed company can, absent of any other news, drive up that company's share price.
Success becomes inevitable.
A few weeks ago hedge fund bully Bill Ackerman announced he had taken a major short position in Herbalife and intended to drive the share price to zero.
That announcement alone was enough to take him about a quarter of the way to his goal.
Today another hedge fund bully announced that he has amassed a big position in Herbalife and intended to stay in the stock for the long run.
That announcement alone was enough to bump the share price almost eight percent on the day.
Dueling douche-bags!
This should be good!
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