I believe you misread the story about Icahn's additional buy
The date wasn't specified but it looks almost certainly to be prior to today. Looks like he just rushed the paperwork through and announced it today to try and save his butt but that never works. Look for more pain tomorrow and in the coming weeks.
I'm just highlighting a quote from Reuters today, but it stated the following: " Icahn, who is known for taking large "activist" positions in companies and pushing for management change, upped his passive stake in the company AFTER its stock price plunged over 18 percent on Tuesday following weaker-than-expected quarterly earnings and profit forecasts."
I think it's a non-event for now unless he becomes active. Whenever he bought it was only a percent plus.... more of the stock. I'm watching for near or below $19 tomorrow again possibly to get back in.
yes I'm sure he didn't have his traders buying NUAN today! Are you kidding? They were all over this thing today. Take a look at the list of recent filings. In addition to Icahn's guys buying today I'm positive the traders at Fidelity, T Rowe, Warburg, BlackRock and many other plain vanilla mutual funds had orders from their PMs to buy this dip... So you are kidding everyone here, right?
I guess you failed to read the earnings report. It was worse than a disaster. I'm sorry if you're using money but don't throw good money after bad. You'll never find a good poker player doing that and you'll never find a good investor doing it either. I honestly can't see this thing doing anything but falling below 15 and possibly much lower. So no, I'm not kidding and not looking at this mess through rose colored glasses.