The business of distributing Herbalife products is all too often a losing proposition, and only those able to perpetuate recruitment chains have a shot at the rich rewards the company dangles before the gullible. The odds of success are lower than Herbalife represents.
Check out Ackman's three-hour PowerPointpresentation. Search on the term "FTC" and it becomes pretty clear who his primary audience is.
Should the rest of us short the stock as well? It is still a long way above zero.