Joined Nov 11, 2007
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Doug Kass Dumps $AAPL After He Tweets Rumor of Stock Split

“…..After he set the rumor in motion, and the stock took off, he followed up by saying he was selling his Apple shares, notes Philip Elmer DeWitt.

He was selling his shares because, upon closer inspection, he decided the rumor made no sense.

Kudos to Kass for being transparent, but boy does it look fishy. He was getting hammered on Twitter and defended himself by saying the stock split rumor has been floating around for days, and just picked up steam because we’re closer to the shareholder meeting.

He also called people who said he was breaking the law “dumbie” on Twitter. So, there’s that…..”

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