lol icahn buys another 500m after earning news, total at 4billion now. that's a large position...even for icahn
Mkt doesn't care whether it's 1/5 or 5/5. It's of no consequence to a company with a mcap of >100x his position. He has ostensibly no position in terms of leverage on the board.
How has Icahn's position helped sales? EPS growth is death even with the share-reduction. The tool could go all-in and it wouldn't amount to 3% of the company. How's your long doing?
you got it. I think newguy was referring to how much he had in comparison to his wad not to appl's wad. It's doing ok. thanks for asking, still in it.
This thing will not bottom until retail gives up. Macke gets it regarding earnings, Apple slammed! Why buybacks are for iDiots: Macke. The comments in that article are similar to the crapola on stocktwits.com by those who are most likely underwater trying to rationalize their losing position. I'm surprised people still held or bought this stock after that Dec 18th warnings from one of Apple's suppliers. That was a big warning Apple was not doing well or as well as people thought it was doing.