A Herbalife (HLF) 'Short Squeeze' or 'Reg FD' Violation?
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The 32% surge higher in Herbalife (NYSE: HLF) since last Monday appears to have "short squeeze" written all over it. But not so fast says blogger QuothTheRaven. According to the blog, the upside can be traced to CFO John DiSimone making the rounds with investors and possibly divulging some crucial information about the ongoing FTC investigation.
QuothTheRaven said, if true, this would amount to a violation of Reg FD.
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