On Einhorn and Herbalife
I stumbled across the crazy price action today in Herbalife ($HLF) which was the result of some questions that Greenlight Capital’s David Einhorn asked on the company’s earnings call.
The first thing I did was listen to the replay of the call – of Einhorn’s questions. You can listen to the audio here. I immediately concluded that Einhorn’s questions were no big deal, and that there was no smoking gun in either the questions or the answers. So I started