Icahn Addresses His $HLF Position

This Scott Wapner guy needs to watch some old Mark Haines footage about how to properly interview a man of substance, like Carl Icahn. I’m not even going to link to the interview, since it’s too awful to watch, let alone promote.

In short, Icahn said he had a total of $14 million in exposure via long calls and short puts. It’s a brilliant move that limits his exposure, but gives him outrageous upside, should he win versus Ackman.

Also, let’s be frank, Icahn can throw another billion at the common stock, if he so chooses, to buoy the value of those options. Don’t think that doesn’t happen.

Icahn didn’t reveal anything of substance and clearly wanted to avoid getting into a soap opera-esque meatloaf throwing match with Ackman. But that didn’t stop that idiot, Scott Wapner, from goading Carl for no less than 10 excruciating minutes.

UPDATE: After the interview, Scott Wapner is still trying to create drama, instead of reporting the god damned news.

Long Icahn, short CNBC.

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20 Responses to Icahn Addresses His $HLF Position

tw says:

“is still trying to create drama, instead of reporting the god damned news.”

Which is frankly all those douchebags have ever done.

Reply
jimmy_two_times says:

Interview was terrible. CNBS needs the ratings.

Final question “do you have anything to say to Ackman?”

10mins of my life I will never get back.

Reply
Icahnator says:

That Icahn is out there. He can’t be bargained with. He can’t be reasoned with. He doesn’t feel pity, or remorse, or fear. And he absolutely will not stop, ever, until Ackman is destroyed.

Reply
The Eye-Talian Stallion says:

Used to be a man would buy IBM, KO and F, watch it grow and will the shares it to his children and grand-children.

But these two bastards think they’re back at the PS-2 playground.

Reply
Flicker says:

Everytime I hear the name Wapner, it reminds me of the movie Rain Man. His interviewning skills are very annoying and lack style.

Reply

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