How Has Herbalife Performed Since Ackman Short?

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April 14 (Bloomberg) -- Herbalife, the company that hedge fund manager Bill Ackman has accused of being a pyramid scheme, is being probed by the Federal Bureau of Investigation, according to a person familiar with the matter. Stephanie Ruhle reports on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

Knowledge of any fbi probe.

Stephanie ruhle joins us to ask us what is next.

To call this a saga is a grave understatement.

It was a year and a half ago, just before christmas, bill ackman had a special conference to say this company is.

Evil -- pure evil.

He will take this to the end of the earth for the betterment of society.

He believes herbalife is taking advantage of low income people.

Since he came out with a short, everyone was against him.

Many have gotten out of the trade since then.

A lot are still in their.

Bill is the only one still noticeably a short.

Finally, bill has his moment in the sun.

The biggest holders?

K-rod icon -- carl icahn, soros.

He has brought in tim rainey, the one and only analyst on the street who followed herbalife, a huge fan.

Tell me about the probe.

We don't know all the details except for the fact the fbi and department of justice are officially looking into the company.

This is what bill ackman has wanted forever.

When you get yourself in a regulatory short, it is a risky trade because you are depending on the government taking action.

They are finally taking action.

If bill is right, that this is truly a corrupt company, analysts cannot say the numbers look good because according to bill, every number they submit is a lie.

The ball is rolling in his corner.

He thinks the only place the stock is going is zero.

One thing that is interesting is the banker advising herbalife.

He has his ipo on wednesday.

The question is whether this

This text has been automatically generated. It may not be 100% accurate.

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