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Microsoft Corporation Message Board

  • ossobucco2012 ossobucco2012 May 18, 2013 5:42 PM Flag

    So David Einhorn is the Dumb Money on Apple (Source Zero Hedge)....

    THE village idiot posted another dumb article today and here is a great take on how wrong Einhorn was and still is on APPL (here is an interesting excerpt):

    "This was the more revealing takeaway from David Einhorn`s whining on CNBC over his stuck Apple position, and throwing Amazon under the bus in the process. The more these guys go on air, whether it is Carl Icahn, Bill Ackman, or David Einhorn the less attractive these guys appear for managing money.

    For an activist that is so fond of finding good short ideas, the fact that David Einhorn and Greenlight Capital happened to miss the best short setup of the year is hilarious, and it is not something I would want to advertise on CNBC.

    The bigger question to come out of all of this Apple Cash nonsense is why didn`t Greenlight Capital sell out of their entire position at $700 a share? The next question is why wasn`t GreenLight Capital shorting Apple at $700 a share? Did they view Apple as a Growth or value opportunity at over $700 a share?"

    Cheers

    Osso

    Sentiment: Strong Buy

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