Bill Ackman’s well publicized battle against Herbalife hasn’t dampened the enthusiasm of one of the nutrition company’s largest shareholders. Post Holdings executive chairman Bill Stiritz, Herbalife’s fourth largest shareholder, recently added to his Herbalife holdings, CNBC’s Stott Wapner is reporting. The exact size of Bill Stiritz addition in the stock is unknown because it was small enough not to require reporting to the Securities and Exchange Commission. It is unclear if this addition comes as the result of previously having sold put options that were exercised as a result of the stock price decline. Wapner, citing sources, said Stiritz used the…
Stiritz Boosts Herbalife Ltd. (HLF) Stake Amid Ackman Advances
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.