Secondary offering Priced at $63/share for 3.2 million shares
Clearly, Icahn priced it where he thought people would bite (not at 70+). What do you think the stock will do tomorrow? I'm bummed that I bought in at $70 but plan to add more so don't know if I should do it tomorrow or to wait.
I am betting my money on the best entry point being around an hour after open. I too am in (this time) at 70. But this is my second go round. My first was in at 59 and out at 80. (all posted real time on this MB)
And when I bought at 70 I said to myself I wish I had bought more, so any pull back tomorrow is a gift and the lower it goes the happier I will be because I think this is perhaps one of the best long term buy and holds in the universe. I read an article that said they think EPS could go up 273% this year. I will look for it and post the quote with a source.