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MarketFoolery

Herbalife: Why We’re Sitting This One Out

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 29 August 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

The billionaire slap-fight over Herbalife continues. Mylan rolls out a generic EpiPen. The FAA releases new rules for flying drones. And our invitation to Fredtoberfest arrives!!

Transcript

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0:00.0

It's Monday, August 29th.

0:03.4

Welcome to Market Foolry.

0:04.6

I'm Chris Hill joining me in studio today from Stock Advisor, Canada, Taylor

0:07.7

Markerman, and a million dollar portfolio of Jason Moser.

0:10.4

Happy Monday, Jensen.

0:11.4

Hey, hey!

0:12.4

We're just winding down the summer yeah it's

0:15.6

getting darker early no really I mean it is I guess I guess technically speaking is

0:21.1

but I was not walking the dogs last night at like 8 o'clock.

0:24.3

It was still light out there.

0:26.4

Yeah, get back to me in October.

0:28.0

When it's actually getting car.

0:29.8

Well, that's when the clock helps you out.'re going to dip into the full mail bag.

0:35.0

We're going to stop flying drones because the FAA has come out with the first significant batch of flying drone rules

0:42.0

and we'll see who's happy and who's not.

0:45.0

Let's start however with Erbelife and this was a story that we talked about on Motley Full Money on Friday

0:51.0

because the Wall Street Journal had a story that said that Carl icon noted

1:00.0

Erbelle was looking to unload his shares to a group that included Bill Ackman, who has just taken a bath on Erbil Life, and Bill Ackman decided to go on C. M. B on B. Friday morning and poke the bear.

1:14.8

Like he goes on live TV and says, yep, this happened.

1:19.1

And I'm quoting here, he knows this is toast.

1:24.4

And as we talked about, Jason on Molly Full Money, shares a verbal life, we're down on Friday,

1:29.4

and then late in the day comes to news, Carl icon bought 2.3 million shares of herbal life to add to his

...

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