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Tuesday, 05/21/2013 7:45:16 PM

Tuesday, May 21, 2013 7:45:16 PM

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Icahn vs. Ackman: Stay Away From Stocks Manipulated by the 1%, Says Munson

Shares of Herbalife (HLF) are up 20% in early trading after it was revealed late yesterday that billionaire investor Carl Icahn filed a 13D disclosing that he'd taken a 13% stake in the company.
Those familiar with the story of Herbalife understand that Icahn's move was likely driven by his ongoing and very public spat with fellow billionaire, hedge fund manager Bill Ackman. Ackman has a large short position in Herbalife, leaving him vulnerable to a short squeeze. In an instant classic on-air argument last month on CNBC, Ichan suggested that HLF could become "the mother of all short squeezes."

full article http://finance.yahoo.com/blogs/breakout/icahn-vs-ackman-stay-away-stocks-manipulated-1-153741894.html

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