Is There Something Suspicious About Ackman's Herbalife Timing?
December 21, 2012 at 14:27 PM EST
Hedge fund manager Bill Ackman laid out his bearish thesis on Herbalife (NYSE: HLF ) Thursday, calling the company a pyramid scheme, revealing that he was short 20 million shares, and putting a $0 price target Herbalife's stock. Shares of Herbalife dropped on Wednesday when his short position was first