Herbalife: is the endgame in sight?

Bill Ackman is nearing the 4th year of his short position in Herbalife, which he made public in December 2012. His claim was and remains that the company is a pyramid scheme. But even after an FTC investigation confirmed all the accusations made by Ackman, the company’s shares have held up. Also the subsequent news that the company’s largest shareholder Carl Icahn was looking to sell his stake (article), hardly moved the shares. Weaker than expected Q3 results in October started to result in some pressure on the stock price though as did the announcement of the long-time CEO stepping down. Maybe it is this November 7th video of U.S. comedian John Oliver which will turn out to be the straw that broke the camel’s back.