He's likely been hedged since the mid $30s... as written about by us late last year, he was brilliant with the short above $85, then a complete dufus leaving it on below $25, and even more einhorning of himself when he repeated, a few months ago now, that "nothing has changed" about poor cash flow, too much r&d, no one will renew, the new brewers don't matter, blah blah wrong on all.
Lots of folks here think the remaining shorts are idiots, but much of it is hedged long positions. They are enjoying the run up...
same gump that lowered ratings and target last year after it dropped below $20.
We called it a screaming buy below $20 (it was actually $18 when we began writing about it here) and think it will consolidate in the mid $60s over the next several days.
The Tesla S can;t even make it from NYC to Boston without a stop, and the recharge centers take 45 minutes and will soon have 5 car waiting lines. Who the hell wants that for $70k?
TSLA, NFLX, and LULU are fabulous shorts once they break. They are the kind of stories that will lead the market down on the next correction. Time to begin studying OTM puts while they are cheap.
Our take from last night is largely a repeat of my comments above... but following a little pause/shakeout over the next several days, we now think the stock can push above $80 by EOY.
fun to read back a few of our posts under the search terms "einhorner" and "einhorning"...
The easy money was made up through $60... Now we will wait a few days thinking we'll see a brief shakeout pause, and then work back in to a position for the next leg higher. If things stay on track, another 20% should be there by EOY.
I have all of those on ignore... no time to read what morons write.
Icahn just added another 600k + shares at a cost of just over $24m. Which will come first, more open market buys or options exercises which will reuire delivery of shorts likely hort/borrowed? LOL Be ready for the coming run!
lol... kelley needs to stay off the consulting jargon... the business is simple, someone who knows him should suggest he pass on pretending otherwise.
Our outstanding record here continues.
How do you short gumptards like that? Einhorn is looking for a new analyst for this sector. LOL
I was replying to the tool dissing you. As for you, off to ignore as your posts are useless and juvenile.
They wanted Dave Flynn and his sidekick robin out to layout the new plan for FIO.
What a way to fill seats! And now, back to the races...
maybe you can dazzle us with your intellect and explain how that is... d'ya mean in "every HP computer like Alfred posited? LOL
That makes it obvious you have no F idea what FIO does. As for "HP computers", they are likely going to exit the oc business themselves. LOL
HP will likely continue specifying FIO solutions simply because clients who want the best server side solution will want FIO's cut through software.
Who sold them that position skip? That is a peanut trade relative to aggregate cap of some $250m a day trading here. Where did you go to options lessons, a Frosted flakes cereal box? LOL