What about when Apple nose-dived when you had preached that we would never see $500 again? You were caught on the wrong side of the trade because you thought a China Mobile deal was going to be announced and that the stock would pop. Instead, it dropped like a fruit-fly.
The stock market is always a gamble whether you believe it or not. Nothing is set in stone. You can, however, make tons of money in the markets if you focus on probability and hedge as insurance and cut your losses before they get too deep.
I don't have to tell you. You trade Apple incredibly well except for a few hiccups.
"An Open Letter To Carl Icahn and Starboard Value On BlackBerry Ltd (BBRY)
NASDAQ:BBRY Related posts: BlackBerry Ltd (BBRY): Who Will Own Them? BlackBerry Ltd (BBRY): New Life For The Stock? Apple Inc. (AAPL): The Real Secret Behind Carl Icahn’s Stake Apple Inc.’s (AAPL) Tim Cook Wasting Time With Carl Icahn Apple Inc. (AAPL): Is Carl Icahn Good or Bad For The Stock?
Carl Ichan1Billionaires Portfolio: Dear Mr. Icahn and Mr. Smith,
I am writing you to respectfully recommend an investment opportunity that I think well suits your respective investment styles.
The stock is BlackBerry Ltd (NASDAQ:BBRY). As you know Blackberry has put itself on the block and has given a deadline to sell itself.
And as you know, Blackberry has an influential investor involved, Prem Watsa, an investor that owns shares at much higher prices (roughly $17/share).
Now, Mr. Watsa is in position to take this company private and that creates opportunity. Given the deadline Blackberry has self-imposed, if/when Mr. Watsa makes a public bid to take Blackberry private, this will create a virtually risk-free trade for other influential investors to enter the trade.
You will have a floor, in Watsa’s bid, and the power to influence shareholders to force that bid higher. Moreover, as the November date approaches, the opportunity for a bidding war grows. You may find yourself owning shares in a company with an implicit floor, while composing a bidding war.
Are there challenges associated with Canada’s takeover laws. Yes. Will that mean one of the world’s best technology providers in the cell phone/mobile computing space quietly goes away for book value? Unlikely.
Mr. Smith, I recall your 2011 investment in AOL. AOL was considered a rapidly dying business. It was hated by and poorly understood by analysts. Sound familiar. But it had a fantastic balance sheet, and valuable patents and technologies. Search for An Open Letter To Carl Icahn and Starboard Value On BlackBerry Ltd on Google to read this s
Well, based on results, it's not heading towards $460. It may not be due to max pain, but it is likely due to Apple being way oversold the last two days.
Run-up prior to event; sell-off on event; recover after sell-off: This is the theme for every Apple event. Play it the right way and you won't get burned.
Lately, it seems as if someone has taken some scissors and cut a hole in AEA's pockets without them knowing about it.
You guys will do well with this VXX trade since all kinds of chaos is likely to pursue in the coming weeks.
Someone actually recently made a $50,000 bet on the VIX which could turn into $27 million if he is right on it. The story was on Marketwatch.
Why don't you just give me your money rather than trading it away. It's going to be pretty sad if a buyout is announced and you are stuck with your short.
Never short a stock like this one. You can find better shorts out there.
Unless I see a $5 or more pop in the stock, it's not really a big day. It's simply trading in a range.
Let's hope BB is sold prior to earnings day even though I don't think the earnings will move the stock as drastically as some people think.
AEA is still on the board. They are just confused because they got the wool pulled over them.
Regardless, if you think about it, Apple always goes up in the days preceding a big event and sells off on the day of these events. It's nothing new. Then, it pops back. We will pop back. Be patient.
Haven't you lost enough money on Apple? Let me guess...this one is for hedging.
Apple will be going up from this level whether you believe it or not. The sell-off yesterday was overdone.
The biggest clue for Apple is that the CFO sold the majority of his shares. The CFO knows more than anyone about a company's financials.
Then, Carl did some pumping which has manipulated the stock price. Now, the stock will remain flat until ground-breaking products are unveiled.
Are you going to take losses for your long positions or are you going to hold them hoping for a better exit?