3 ms·

Ackman has purchased put options, which, in my understanding, is not surrender.

• dna_polymerase 9y ago
  Exactly, all the did was changing the tool. He learned that the market wouldn't move as fast as he wished and now he has a position that he can actually maintain in the long run.
• anilshanbhag 9y ago
  That was a while ago. Today he said he closed all positions in Herbalife (stock and options).