Dated: July 22, 2013
Financier Carl Icahn is currently deeply involved with both companies. He wants to keep Dell at least partially public by making every effort to thwart Michael Dell’s attempt to take the company private. The matter will be decided in a few days after the shareholders cast their votes. It should be pointed out that the voting was originally scheduled to occur this weekend, but was delayed by Michael Dell.
On the other front, Icahn, currently controlling a substantial position in Herbalife, boasts that he had made half a billion dollars owning the stocks, thanks to his adversary William Ackman, the hedge fund manager of Pershing Square who has been shorting Herbalife’s stocks, believing it has been engaging in unsavory business practices, which is currently under investigation by the government.
So who is going to win?
As mentioned in my last blog, this year’s energy field is characterized by the constant battling of water and fire, with the first half of the year dominated by fire and the second half by water. The energy field is about to undergo an inflection point in a matter of days. Icahn has been basking in positive life force since the beginning of the year but that is about to change. In the opposing camps, namely Dell and Ackman, the opposite is true, as their life forces are gathering strength moving forward from this moment on. Based on this assessment, the delay in voting by Dell’s shareholders appears to benefit Michael Dell, to the detriment of Carl Ichan. Likewise, if the government discovers any wrongdoing by Herbalife, its stock price is going to tank and the profits of his investment is going to evaporate in a hurry and Ackman will get the last laugh. Besides, Mr. Icahn did not look too good in his recent TV appearance____his aura waning.
In the big picture, it may also mean the fast rising stock prices may soon come to a screeching halt and maybe put into reverse in the very near future, fortunately this reversal will not last long, as the bull market will resume in the beginning of 2014.