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Message: Re: Having the right CEO...
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Feb 13, 2014 02:50PM
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Feb 13, 2014 04:28PM
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Feb 13, 2014 04:31PM

FWIW...As much respect as I have for Ackman (I followed him into GGP in BK @40 cents/share to come out of BK with ownership in 3 companies/spinoffs GGP, RSE, and HHC eventually selling all 3 for a cumulative $35/share) his track record of late (JCP and HLF) have been a major bust for Pershing. He said the same thing about JCP, had a hand in selecting the CEO, and they have tanked. And in contrast he said HLF was mismanaged and shorted HCF, and the stock has soared. LOL He's an activist and is probably making a play here.

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