09 November 2007

We'll Fix Any Wrongdoing

CNBC.com:
"In a CNBC Exclusive, Herbalife CEO Michael Johnson told Cramer that if his company is doing anything wrong, it will get fixed. Herbalife operates transparently, Johnson said, and is fully cooperating with the S.E.C. and investigating any claims against its operations in China. “We are not a company to hide anything from anyone,” he said.

Cramer remained supportive of Johnson and the stock. He told viewers HLF is “not for the squeamish” and should only be bought after doing the homework on the company and the allegations against it.

Finally, Cramer had a chance to ask Johnson if he would consider buying back stock in the company."

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