Nice to have a dream but reality it doesn't come true as long ACKMAN remain short this stock never going to $50 again unless ICAHN and the board agree to take company private then force ACKMAN to buy back
Remember ACKMAN hold 97% of the short position and he don't have to cover like average Joe.
You shouldn't speak when you don't even know facts. First off what do you think Icahn is doing. Do you really think he got involved hoping for a $5 gain? Have you seen what's going on at NFLX? They had a similar short % - Second - Ackman does not hold 97% of the short interest. Do people like you do any research before running your mouth?
Wait a min.....when Icahn wants his 11 million shares who do you think he is going to get it from asian1011? Icahn will force Ackman to buy the shares above his shorted price......that is what is going to happen, But the question is when will Icahn and the company buy the shares back...... Remember Company is is ready to buy almost 20-25 million shares back at these prices. Ackman cannot stand this. Again the question is timing....when will they start kicking Ackies #$%$
I believe Ichan said inside 30 days. And I think they are May options. So that narrows timing down pretty well. I would assume that when he exercises them, he will do it in a manner that inflicts maximum pain on Ackman. I dont really know how long Ackman can hold, but I'd think his fund would have a hard time keeping 20m shares on the books for long once they go significantly under water.