3 Horrendous Health-Care Stocks This Week: Herbalife Ltd. (HLF), Celsion Corporation (CLSN) and More

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The surreal televised duel of words between hedge fund manager Bill Ackman and billionaire investor Carl Icahn on Jan. 25 had nothing to do with the latest Herbalife drop-off. Instead, shareholders can thank the Federal Trade Commission. On Monday, the FTC posted a statement on its website that a press release was scheduled later that day about action on an “alleged pyramid scheme.” It turned out to have nothing to do with Herbalife, but the market was already spooked.

This has quickly become the most bizarre story in the investing world in quite a while. The way things are going, I don’t think anyone would be surprised if HBO announced a pay-per-view grudge match between “the Herbalife longs” and the “pyramid scheme shorts.”

A better idea

You can certainly make huge gains at times with volatile health-care stocks such as Celsion, Halozyme, and Herbalife. However, you can just as easily lose a lot. This week proves that point.

The article 3 Horrendous Health-Care Stocks This Week originally appeared on Fool.com and is written by Keith Speights.

Fool contributor Keith Speights has no position in any stocks mentioned. The Motley Fool has the following options: Long Jan 2014 $50 Calls on Herbalife.

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