Jim Cramer's Best Blogs
TheStreet Premium Services
A complimentary preview
of Real Money
Finally there's Herbalife. What can I say that hasn't been said about Herbalife by the principal, Michael Johnson, and the antagonist, Bill Ackman? I will tell you what: If Johnson doesn't file a tortious interference action against Ackman, maybe he's just doing a whole lot of passionate talking and nothing more. Ackman's goal seems to be to expose Herbalife as a pyramid scheme, to warn people not to work for it. Given how recruiting potential salespeople is integral to the business, you can argue that Ackman is trying to take the business down with his comments. Johnson has got a study that shows that his company produces merchandise that is largely consumed by people who are outside his distribution network, and that means, per se, that Ackman is wrong, at least if you believe in the merits of the study.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.