Market is driving IEP down not Carl. He's busy buying IEP and you should too. This is going to pop back to $90 very soon. Public float is being reduced big time. Go Carl!
Oh and check out the insider buying. IEP is buying its own stock back big time.
No there won't be any div cut. Look at the balance sheet. Lots of cash. Any losses are paper losses. Also, notice Carl is doing opposite to what he is cautioning. He wants the market to go lower so he can buy.
he actually made over $2bl on the Netflix trade. Nice job on that one. but throwing down a rathole on CHK, RIG, LNG etc.
This guy is giving us market narrative more than a year-- look at IEP is down 30%.
Carl--Can you answer that- so you are hedged--what hedge, stock has been down from 108 to 68
Only fool perdict the direction of the market, not Buffet
has a negative EPS which means it is bleeding money. He wants everyone else to lose too so he goes on CNBC and tells everyone to cash out and that 1% is better than a 30% loss. Well take a look at your own investments Icahn-your shareholders are losing money.
Carl is buying IEP. He wants it to go down so he can get it cheap. Watch it pop to $80 soon. No he will not cut the dividend. In the mean time I hope the shorts don't mind paying us that fat dividend.
He puts out this doom & gloom video (some of which could happen)about the actions by corporations he criticizes are the ones he has been pushing for the past few years by boards he owns shares of. It's fitting his shares are down today near the 52 week low and they should be based on the money his firm has been losing the past two years with these horrible buys.
Just wait and see! GO Carl! Utilities are switching like crazy from coal to supposed cheap NG and that will only increase demand plus LNG terminals will export the stuff to Europe. The NG market supply will tighten and prices will double within a year.