By now, most investors know who Carl Icahn is.
Yep, he is the guy that has made a killing on Netflix (NFLX) when
he bought it in the 50's and then sold after the most recent
earnings announcement for approximately $350. 7x your money
is the mark of a pro.
Of course there is also the epic clash of the titans that we also
know as Herbalife (HLF). Icahn owns 16% of the company that
was sacked by Pershing Square's Bill Ackman. Ackman claimed
the stock would go to zero and Carl, well he bought 16% of it
and has ridden the stock from the high 30's to the 60+ range it's
Finally, there is Apple (AAPL) and after an investment and a few
tweets, he seriously moved the market capitalization of this stock
as well. All good moves for him, and the investors that
Carl recently stated that he sees a downturn in the market and that
quote was enough to send the market lower yesterday and could be a
contributing factor in an extension of that move today.
My question is, when and why did you start listening to Carl Icahn
for broad market direction calls instead of stock specific calls
where he wanted more board seats? I mean I get it when you
are going after DELL or OSK or even RIG --- but just because he
crushed it on NFLX and HLF, does that make him a broader market
Let me know why you would sell the market if Carl told you to in
the comments below.
APPLE INC (AAPL): Free Stock Analysis Report
HERBALIFE LTD (HLF): Free Stock Analysis Report
NETFLIX INC (NFLX): Free Stock Analysis Report
OSHKOSH CORP (OSK): Free Stock Analysis Report
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