Start loading up Twitter (TWTR) at $35 and do what you did with NFLX in 2 yrs. Mr Icahn you will perhaps make billions on TWTR imhoo. Time to invest Netflix gains into Twitter. Y'all agree?
I'll bet you see .20 move this firm holds a lot of underwater garbage stocks on it's books. This stock will be under $80 within 2-3 months. Check the chart over the past 3 years and see where IEP is going.
Its actually closer to $900mm gain. They said Carl has lost his touch yet he just locked in this big win on NFLX.
His gains look good on EBAY too and HLF is recovering. Yet IEP stock does nothing. His NFLX gains alone will secure div payments at 7% for some time to come on IEP. Most losses in oil and gas sectors are paper losses and he has not sold.
think he's pumping on our dime for his dime, he's rich because he knows how the game works, I am neutral on his stock, everyone knows downturn is coming, most stocks on high end........they know pullback is coming, when? I wish I knew, believe either this year or next pullback comes, has too, its a 7 year cycle ,, check the charts IMHO only
Icahn on CNBC talking down the market but talking up AAPL (his book) after he sold the rest of his NFLX today. Since he wants a lower market I hope IEP goes below $80 soon. I lost money in 2013 on IEP with this overrated ego maniacs POS stock. Based on IEP's performance the past two years why are we calling this guy a genius when he has been in stocks like CHK, NUAN, HTZ and other clunkers. Most of us can be right 50% of the time too. His money was made in the past not these days.
You really have to question quite of a number of his latest investments. Of all things to throw money into Atlantic city dying casinos. Oh Icahn could keep Trump Taj Mahal open for another year? I mean all have long ago abandoned them. Trump so long ago has nothing to do with any casino with his name on them. It is a dead town, one casino falling after another. Here comes Icahn with our money and wants to invest?!? To keep it open maybe another year? I am an investor in IEP long ago, and as it comes down to my buy in levels I sell out so I will never have a loss, but oh boy the gains I have given up just sitting around reducing over time. Even with a 7% payout it just looks sickly. Sickly! Is he just old and has lost touch?
This stock is very frustrating. It only seems to go down. It seems that Icahn is not able to navigate the investment world very well. Perhaps I should take the loss and move on?
IEP stock moves in direction at its own will, almost opposite of market direction.
IEP will rise again, but at a lower level - take your pick 75-85 range?
Then rise to over 100.
You can dollar-cost average at lower price; if you bought at higher price, ride it out.
Just my 2 cents.
Unfortunately, businesses are required to make money or close the doors. Simple economic equations for investing into a business are that operating costs not outweigh the ability for the business to return a profit. Unions are destructive to the business by creating the same type of government entitlement mentality that is dragging this country down when everyone needs to be rewarded based on their performance as in the past. In this situation, IEP is saving these folks jobs and they come demand more when their employer was going belly up. Everyone wants to share in company profits, but nobody wants to share in the losses and it is expected that "management" will simply pump money out of a machine to keep folks employed. Great example of simple greed and entitlement mentality.
Sentiment: Strong Buy