08-13-2013, 09:38 PM
Grieve Wrote:Carl Icahn tweeted that he has taken a "large" position in Apple, thinks its "extremely undervalued"...stock jumped as high as $488.69 in response. It's already up almost $100 from its lows 7 weeks ago.
For context, he bought into Netflix at $58 last year, saying similar things. Netflix is at $261 now.
Pump and Dump. Icahn is a master at it.
Read everything he has said and there is nothing in it, except him wanting apple to a large stock buyback. Nothing of content. Nothing of new products nothing of new revenue. Just a pump and dump. He will run it up and make money. Then he will short it......
Im still in. Said I would sell at 500, and at this rate that might be at the end of the week.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
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"If you want to change the world, be that change."
--Gandhi