They got into it pretty good on CNBC today....Ackman said Icahn was no friend of his and Icahn said he wouldnt invest with Ackman if he was last person on earth.
Bill will be looking to do something to #$%$ old man off and sending NFLX down would do it...
Icahn, in yesterday’s interview, wouldn’t confirm a New York Post report from earlier this month that he had also acquired shares in Herbalife after learning of Pershing Square’s trade, a move that could help drive the stock up and thereby reduce Ackman’s profits.
“It’s no secret I don’t like Ackman,” Icahn said. “But that doesn’t mean I am going to go in and buy stock in a company necessarily just to get him.”
Icahn and Ackman have a similar approach to investing. Both short stocks they deem overvalued and both buy shares in companies they view as under-performing and then agitate for changes designed to drive the company’s value up.
Icahn’s returns have been getting a lift from the 10 percent stake in Netflix Inc. (NFLX) he reported holding in September. Netflix shares soared 42 percent yesterday after the world’s largest online-video service reported an unexpected profit, leaving Icahn with a $490 million one-day paper gain on his investment.