This transcript is automatically generated
Don't just complain here on -- down because you.
-- other collectors wrapped up its conference call with investors.
Was still act Madden of pershing square -- shorting that's able to get a little question.
-- analysts try it apparently I Sheen means mean analyst honorable and as you know that bill is short Blackmun is -- squares.
Massive short on -- says it's a scam to pyramid scheme we should point out they came out with.
Better than expected earnings they've attracted some decent.
New investors' long investors.
Dan will -- Carl Icahn.
Obviously deny would would actresses to do in the stock buy back from the shares are down a little bit today.
But he is the kind of interesting thing and I think it's always happens in -- companies.
Companies that are like controversial which Herbalife is I -- -- -- -- it is a company which gets a lot of money from distributors.
Right if you don't get customers and you just have distributors at some point to distributors dry up and they stopping the easing -- what shares without.
Would would act and said the guys saying that that's essentially.
The blue print of the pyramid scheme and as we -- is.
He's analyst -- -- it's doing a lot of the work discuss Sheen in the trite to ask a question jury in the analyst -- He was rebuffed and ignored.
He says to date.
That Herbalife will not answer his questions.
About the company because he has -- believes he has serious questions we should point out that.
We have -- -- shot here about a month or so ago.
Where he said he would and answer any legitimate question press as the president of -- that the president is on the conference call today with Michael Johns and CEO.
This will -- would answer any legitimate questions.
They still have not answered dubbed electorates questions I would assume that there.
Using this clause legitimate that they don't think it's legitimate what did they say -- -- -- it's kind of did you have as Rebecca what Herbalife said that the guy he -- that -- -- mean.
Cold when the conference call is over.
I can tell you that dead black and gave Fox Business statement where he said no that's not the case it was an over.
-- usually have longer they usually have very long conference calls and they chose choose to ignore -- guy.
-- -- what he told us so there you have it.
I would say this is kind of an interest these little inside a school for people out there this happens all the time where companies often.
You know even poor.
Analysts that are negative the stock you know what I'm saying.
You've done that again on -- mailed my by -- -- Citigroup ignored him or she's in Bank of America be ignored him.
Who we what we were the first to report -- you for police report is that.
Mike -- dialed the wrong phone number could.
Call that are now I guess is those spots for the -- the -- photograph I yelled at but -- a discernible -- I say this happens in these hotly contested stocks.
I would say two things it's kind of unusual for short sellers to be -- like this generally does not happen.
What usually companies Tuesday take questions from people that own the stock or sell what's known as sell side analysts biracial son is to be negative on the stock but they don't put.
-- shorts those who both overtly even though that the lines -- -- with people that are negative on the side you know sell side.
You know it's you know sometimes when your -- on a stock you're providing research before shorts.
Remembered the electorate is an avowed short so -- that's witty they're seeing -- cutting -- it's not just to sell side analysts is negative he's in about short we don't -- -- -- -- -- -- -- -- -- -- And at Herbalife -- -- people there tell me that's not it's -- -- should be generally don't allow shorts as although they did take a question from David Einhorn not too long ago.
Probably it was a distinct from the -- that so that's -- -- -- he's not -- sell side analyst he's not an investor he's obviously not long.
She doesn't really qualify for -- -- and acrid saint well they'll listen.
I'm I'm I'm a market participant.
I'm a legitimate adults my guy -- you mean studies the company has as questions about the company.
And -- -- so that's where this is coming out it's kind of interest in played out on the -- -- little.
So set this thing was the building was on the for a five freeway for thirty years when I was growing appetite for the program Herbalife and over -- -- since then headquarters but.
Overkill Beverly Hills are still Beverly -- it's in Beverly Hills -- -- believe so.
Is that we're for five highways I've.
Lots going -- Culver City and financials -- but anyway I would just say Monica okay I'm beautiful places but I've no idea what they are.
I can tell you that I believe.
I act does -- I believe told me that they -- located -- -- something that matters is an attitude you kind of ability cost front there I haven't seen it but it it.
I was very I was very president illegals that I liked a lot I would guess saga Robert they have yeah I did I did not -- -- -- it.
Charlie thank you for its Charlie's excellent attach -- to see closing bell.