This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer: Herbalife Has Too Many Issues

Lindsey Bell:


Jim Cramer:

Now, my experience in these as a reporter, trying to get the government to investigate entities that I feel are corrupt, I think are better than Ackman trying to get them to investigate. What happens is that the government likes to look at the press and say, 'Wow, I've got to get on that because they've got to probe that.' A short seller isn't going to make them swing into action. He's got a terrific site about why Herbalife shouldn't be existing. He said over and over, he's got to protect people from Herbalife. The only issue to that is that the government is a feckless ally.

The government's not going to tell you what it's going to do. The government's not going to play ball with you. The government, whether it be the Justice Department, whether it be the FCC, whether it be the FDIC, are very reluctant to wipe out a company. We know that from Arthur Andersen. The federal government and Justice Department just wishes it had never closed Arthur Andersen, and I think that is the mode that the government operates under, which is don't do to Herbalife what we did to Arthur Andersen. So now it's advantage Herbalife. Does that mean I want to buy Herbalife? Look, I'm just saying it's a battleground, and I don't bet on the Ravens versus the Patriots, but there are various times when I think that there's an advantage and the Patriots, I think, have the advantage, but I'm just going to look at the game. I'm not going to bet, because I don't bet.

Lindsey Bell:

All right. Sounds good. Thanks, Jim.

Jim Cramer:

Thank you.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HLF $57.18 -2.40%
AAPL $94.65 1.10%
FB $117.76 -0.68%
GOOG $693.17 -0.72%
YHOO $35.94 -1.60%


Chart of I:DJI
DOW 17,719.20 -171.96 -0.96%
S&P 500 2,059.02 -22.41 -1.08%
NASDAQ 4,758.6670 -58.9270 -1.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs