If I was Bill Ackman, I’d cover the entirety of my HLF short position tomorrow and let Carl have the company.
Just a short while ago, Icahn announced a very long position in HLF, acquiring 12.8% of the company–joining Dan Loeb in a whimsical quest to eviscerate the sexual deviant, Bill Ackman. I wonder if they really even know anything about Herbal life?
What’s more dangerous than a 76 year old man with $15 billion in the market, hell bent on putting you out of business? Let’s face it, Carl isn’t going to quit. He just made $600 million saving NFLX; now he’s going to place Bill “Mars Attacks” Ackman inside of a “Brazen Bull” to see him cook–ever so slowly.
If Ackman doesn’t come out on top of this one, his reputation will be ruined. Carl has publicly humiliated Ackman, questioning his investment acumen, and now he’s going to make him pay with his partners capital.
With this move up, Carl just made $100 million and Bill lost $200 million.
Icahn will be interviewed tomorrow, on CNBC, to shovel more dirt in the face of Ackman–must watch teevee.
Let the games begin!
***EXCLUSIVE***: Footage of Bill ‘Mars Attacks’ Ackman upon receiving the news of Carl Icahn’s position.
30 Responses to IT’S OFFICIAL: CARL ICAHN IS GOING TO DESTROY BILL ACKMAN
RIP Ack Attack Ackman
I fucking love this battle.
Ouch this hurts.
Never mess eith carl or soros, thats all.
Ackman will not give up … so this might be the beginning…
May be there is a trade in this.. he might want to sell some holdings out of his fund to generate liquidity..
Icahn will not give up too and he is crazier than Ackman, he will fight till the last $.
Someone will make a movie out of this drama one day.
James Cann for Icahn
Nah, Mel Brooks !
I wish Icahn would take. 12% stake in EXK.
haha… Icahn doesn’t invest in PM, he is no Paulson
ELLI kicking ass after hours! Up over 10%!
I hope you’re still holding DECK. Even if earnings disappoint next week, I’d buy more on weakness.
Still own it.
I’m fascinated by this story. Icahn technically won already, yet if he sells his “alleged” long position, Ackman may end up alright, looking like he knew what he was talking about all along. Ichan’s disdain for Aaaackman is the only thing that is stopping him from cashing out ahead BIG. I wish I had that kind of money – risking millions simply to spite an enemy.
If I had that kind of money, I would take the opportunity to ram the next idiot driver before me off the road. Nothing life threatening, just enough to ruin their day and make mine.
Happy Valentine’s Day, Bill!
Rooting for ackman because it looks like He is right Even Greenberg seems to think the company is a sham!!
Greenberg thinks every company is a scam
The best outcome is Ackman gets homo’d out of his position for a titanic (errr…Carnival Triumph) loss and then the Feds shutdown HLF as the pyramid scheme it is with limp dick Icahn left holding the bag. #winning
Alas… a battle for the ages. Ackman is at a major disadvantage with Carl’s history of extracting value from many companies. Ackman will not fold his cards until he see’s a few more raises and Carl has pocket aces.
Ackman seems smarter. MLM companies are Ponzi schemes and should go down in flames. But a lot of folks are MLM fans. They sign up time and again thinking they will make big money. HLF can stay in business a long time with aggressive promotion and recruitment.
The “Battle of the Jews”. Could be better than the “Thrilla in Manila” and the “Rumble in the Jungle”.
Afterwards they will go split the cost of a seltzer water at the deli.
Paper profits for now, Fly. How does Icahn get out? And, what if he’s wrong?
mark my words, HLF will be the new AAPL and they haven’t even tapped China sales yet
Sorry to hijack the thread, but Maclean’s, Canada’s national newsmagazine has just declared that the market is in the midst of the biggest bull run ever, and now is the time to buy stock, with the word “buy” in huge type across the cover.
I think that traditionally, this sort of thing usually portends the beginning of the end of the bull.
The feds are not going to help ackman’s trade become a success as he has begged them to do. He is done.
“I’ll show you how we do this in the big leagues, young man.”
Footage of Ackman checking HLF PM movement: http://i.imgur.com/sHaa8Lk.gif
Ellie Mae can increase its market share further, says JMP Securities
JMP Securities believes that Ellie Mae reported strong Q4 results and the firm thinks the company can increase its market share to 44% by the end of 2013 versus 39% in 2012. It raised its estimates and maintains a $34 price target and Outperform rating on the shares.
ELLI up 14.94% premarket!