- 4-Week # shares bought: 6,180
- 4-Week # shares sold: 10,000
- 12-Week # shares bought: 6,180
- 12-Week # shares sold: 20,000
- 24-Week # shares bought: 6,180
- 24-Week # shares sold: 50,900
Jim Cramer talks about the what Bill Ackman needs and how to figure out Herbalife's correct price.
Shares of Herbalife jumped on Friday on news that regulators have concluded the company is not what Ackman alleged -- an illicit pyramid scheme.
You need out-and-out war between hedge fund managers and a monster squeeze to justify these prices, Cramer says.