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
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。