Does Carl Icahn think Apple is worth $200 a share? Carl Icahn was buying HTZ from $27-$29 and now it's $21.00. Icahn's Apple and Netflix trades have been incredible, we know he's a great stock trader but why does he promote his picks if he has no agenda? Ebay is around the same price of his average cost, NUAN is down from his purchase price and so is HTZ. What would put Apple at $1400 per share or $200 with one incredible PE ratio? What are you thoughts on Icahn, is he a stock promoter or is he helping the little investor out? His HLF trade is underwater with many other picks not publicized by the media. Thank's for considering this topic. Do you know what other stocks he bought that imploded right before he told everyone how valuable they are?
Icahn's letter sounds like the long winded version of something you'd read in a Yahoo message board posting. The only thing missing was a reason why the company is good buyout target.
Interesting article. http://www.marketwatch.com/story/ic...-on-apple-2014-10-09?mod=MW_story_top_stories "The HLF trade was likely motivated more by a desire to ruin Bill Ackman than fundamental analysis." AAA Exactly! I thought Carl and George Soros were pilling in Herbalife in their failed attempt to ruin Ackman, Ackman knows where he is almost always, usually way early to the Party but right. Hedron, the Yahoo Message Board Cheerleaders are obnoxious, offering no value and sheer hype, are they any different from Carl Icahn's letter or Tweet? How will all the piggy-backing off their trades help the individual investor? The new ETFs "GURU, GURX, GURI" and "Billionaire Investment Funds" are following their trades, CALPERs learned the hard way that a large portion of Hedge Funds are not outperforming the Indices, CALPERs (it's the biggest Pension Fund in the United States) decided to opt out of using Hedge Funds to manage their $300 Billion and growing Behemoth. If everyone is trying to follow the trades of the great men won't that method burn itself out even quicker?
I'm not sure that I'd describe Carl Icahn as a, "great man." But what I am sure of, is that he had that letter published for his own selfish purpose.
He's like Apple in a sense he uses everything to his advantage, look at all the Fools who bought HTZ at $30-$31 thinking the "Icahn Effect" would save a company who can't figure out it's Books, how long have the Books been screwed on Hertz? His CHK and HTZ trades are disaster, he has time on his side unlike all the poor saps who thought Icahn knew something about HTZ accountants and Short Sellers don't. Looking at how GTAT is begging to get out of it's contracts with Apple, they are like FoxConn Employees who needed nets around their building in China to stop all the suicides. GTAT was trying to kill themselves because of Apple's cruel practices, I wish people would wake up and see using slave-labor is not cool! If there is a After-life, Steve Jobs is rotting away in Purgatory or he has been reborn to a family used by Apple or Nike in some sweat-shop. GTAT should not have had to file BK to get themselves out of a crushing contract with Apple, Carl and Jobs are-were bullies to companies in the 1980s and now! The more I read about Icahn, the more I don't like his attitude towards human beings and companies trying create jobs instead of "Slash and Burn" Cost Cutting to pump EPS. My rant is over!
%%%%%%%%%%%%%%% I agree with about 88% or 95% of what you said, nicknamehedron 223; and add Carl Ichan tends to be an aged , skilled trader/investor.Frankly he could be included in Jack Schwager top traders/investors books. I also,dont know him well enough to call him a ''great man'' Sure he/ we tends to be selfish; but actually he is quite open about his trades/investments[within reason,LOL] Carl Ichan is somewhat strange[in a good sense] , he tends to announce his trades longs , some shorts ,in time for many others to profit, starting with his take over of RJR Nabisco, many years ago ..............................................................................................Dont really have an opinion on Apple. Thanks