Whitney Tilson Says More Confident of Herbalife Short Position Following Ackman Presentation - Herbalife (NYSE:HLF)

27% profit every 20 days?

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Whitney Tilson said in an email Tuesday, that he is more confident in his short position in Herbalife (NYSE: HLF), following Bill Ackman's presentation. Tilson said he now believes his position has a 76% chance of succeeding vs 63% prior. That's based on his belief that there is a 95% chance most of the company's operations are a pyramid scheme, and there is now an 80% chance regulators will intervene. Herbalife shares rose steadily throughout Ackman's presentation Tuesday, and end the day up 25% at $77.67

27% profit every 20 days?

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