Icahn is out with this gem this morning, warning America of a great doom approaching, probably because he was just outbid at a Sotheby’s art auction.
Before you go freaking out because Carl Icahn is coming out with his bearish thesis soon, just know he always says this stuff, just prior to taking billion dollar positions in the riskiest stock bets in the world.
Only in this instance, he just took down an 8.5% position in FCX, bought MOAR CVR and also a little CHK and RIG to boot, just a few weeks ago–prior to these statements. Perhps he’s lost his marbles?
Or, maybe Carl is doing what Carl does best: look out for his best interests.
Don’t be surprised to learn that Uncle Carl bought into this decline, even while warning the great unwashed public of cataclysm.
Stocks are getting hammered into the fucking ground this morning, led by Apple. They announced iPhone 6s sales beat by 1 million, to 13 milliion units. Wall Street is in full retard mode.
Biotech is being destroyed, yet again. I cannot believe JAZZ is this low. They stand to earn $10 this year. Amazing.
Finally, NFLX is up. That’s your market America.
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We are going to zero?
Negative zero or Dow 14,999,
I guess Fed still throws 0.25 point at us.
Fly will get us thru this.
NFLX reversed with the market pretty quickly…
Dr. Fly – I’m sure the following question is like sand granules in your eyes, but what coal company in your opinion is the least worse…?
just settle for KOL
Seems like a movie day.
Nothing is up
13% breadth
65 down 5% + and two up. AA and HABT.
thankfully I ordered some $170 Jordan retro 11 lows yesterday. ( now sold out )
AMAG is in that same garbage bin with JAZZ. $5.80 eps this year $7.50 net. Risk off is indiscriminate, illogical and non-thinking. Fucking computers.
Carl “Carl” Icahn is a scary guy. Maybe he figures that one day people will stop hating energy and natural resources. Maybe. But not today.
AMAG is in that same garbage bin with JAZZ. $5.80 eps this year $7.50 next. Risk off is indiscriminate, illogical and non-thinking. Fucking computers.