indythinker85 Posted November 4, 2013 Share Posted November 4, 2013 Ackman up big in October; new short http://www.cnbc.com/id/101167553 Link to comment Share on other sites More sharing options...
siddharth18 Posted November 4, 2013 Share Posted November 4, 2013 What if the new short is JCP? Link to comment Share on other sites More sharing options...
indythinker85 Posted November 4, 2013 Author Share Posted November 4, 2013 Looks like a small position: According to the October stat sheet, Pershing Square has 11 long positions and 2 short positions. The fund has -10% gross exposure in a large cap short and -1% gross exposure in a mid cap short. It would appear that the -10% net exposure in large cap short is Herbalife Ltd. (NYSE:HLF) whereas the new short is a smaller one worth roughly $100 million. http://www.valuewalk.com/2013/11/ackman-herbalife-short/ Link to comment Share on other sites More sharing options...
indythinker85 Posted November 4, 2013 Author Share Posted November 4, 2013 What if the new short is JCP? LOL Link to comment Share on other sites More sharing options...
indythinker85 Posted November 5, 2013 Author Share Posted November 5, 2013 Ackman’s controversial Herbalife short also gained during October, as the stock fell 7 percent for the month after he announced in early October that he restructured his short bet. It has moved against him all year, with investors like Carl Icahn taking the opposite side. Ackman covered 40 percent of the equity short, replacing it with long-dated over-the-counter puts. The equity short is now about 10 percent of the portfolio. http://nypost.com/2013/11/04/ackman-making-a-4th-quarter-comeback/ Link to comment Share on other sites More sharing options...
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