Herbalife to change customer classifications, says has spoken to Icahn | Reuters

Herbalife to change customer classifications, says has spoken to Icahn | Reuters

There is bad blood between hedge fund moguls Bill Ackman and Carl Icahn. Recently, Acman shorted Herbalife, claiming it was a ponzi scheme. Icahn says it isn't and it has always avoided that label with the law. So, I think Icahn wants to win this so badly that he is willing to take the company private.

It would not surprise me that he wants to at least rattle Achman's cage. Regular investors would do well to stay away, but Icahn has the money available to bid for Herbalife. Some brave souls may want to profit off of a short squeeze.

I am not a financial adviser so don't blame me if you lose your shirts. But it is tempting because just a rumor of a takeover could cause a short squeeze. Ackman would have to have cajones of steel to not buckle at a strong rumor. 

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