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Meet The Icahnator: This Is What Happens When You Piss Off A Billionaire On Prime Time TV
Everyone recalls the slow motion trainwreck from the afternoon of January 25, when in an epic bitchfest, hedge fund titans Bill Ackman and Carl Icahn screamed at each other telephonically for about an hour on CNBC in what was nothing but one big pissing match. Just over two weeks later, Icahn forced a major squeeze in the stock when as we wrote previously and as we predicted, he disclosed a massive 13% stake, or some 14 million shares in the company built up through stock and calls (essentially costless thanks to Icahn's recent profits on Netflix). What many may not know however, is that for Icahn, the HLF stake was nothing more than a $500 million dollar impulse buy. Why? Because as the chart below, which breaks down the cumulative purchases of HLF stock by various Icahn's funds, shows, the billionaire only held some 1.7 million shares until the January 25 afternoon of his screamfest with Ackman. Then the Monday after the feud Icahn went ballistic, and proceeded to buy some 120,000 shares on Monday and 197,459 option-equivalent shares, after which he tapered off his stock purchases while ramping up the call buys, and buying an epic 10 million share-equivalent calls in the next two weeks, without pause, compassion or remorse, and with just one thought: crush, mangle and destroy Ackman!
Of course, by buying calls instead of stock, Icahn never gave a hint to either markets or dark pools what he was doing (although we commiserate for whoever sold all those calls in bulk as they are now facing tens of millions in margin calls). The other issue is that since Icahn does not control the shares outright, he can't call them in and thus force the "epic squeeze" that would befall the stock if the float was suddenly less than the short interest.
Unless, of course, he and others exercise any of their in the money shares, demanding the physical underlying shares.
But the bigger issue is that the chart above shows for Icahn the HLF purchase is nothing but an escalation of the previous grudge match, with no regard for the fundamentals, and the impulse buy was, paradoxically, driven precisely by Ackman's dare to tender for the company. Because he wants to, and because he can: for Icahn $500 million is literally pocket change.
To loosely paraphrase the Terminator:
That Icahn is out there. He can't be bargained with. He can't be reasoned with. He doesn't feel pity, or remorse, or fear. And he absolutely will not stop, ever, until Ackman is destroyed.
Behold: the Icahnator
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Bill is getting Ackmanhandled by the Icahnator!
If you were in your late 70's and worth 14 billion, would you really be getting into pissing matches about money? kinda sad.
The ego is a funny thing. It's kinda sad they are worth 14billion imo.... another result of their overpowering ego, again imo.
Just like magic...
If you want to see someone have an embolism, then ask a cell biologist to respond to this claim.
Covered wagon medicine show
Take you to the place where the healing flows
Weak in spirit, we got the juice
Won't save your soul, it'll shine your shoes
Treated king to kangaroo
Santa Fe to Timbuktu
Don't be fooled by imitation
This is the stuff that cured a nation
We took the tube and the high plains too
Never stopped long, just passing through
A drop of the laughter of the maids of France
Makes a hopeless cripple dance
It was really vile weather when we got to tarred and feathered
You could hear the six guns sound as they chased us out of town
In India we're all the rave
Discovered that it's great as aftershave
Dropped in the sea, just off Japan
Swapped 20 bottles for an aqua-walkman
Immunity from ridicule
Improves your brains if you're a fool
And I read in the Middle East, they traded some for a hostage release
Now if you're bald it'll give you hair
If you got straight trousers it'll give you flares
Feeling up, you'll get depressed
Out of style, here's a brand new dress
It was really vile weather when we got to tarred and feathered
You could hear the six guns sound as they chased us out of town
The stuff we sell is just the best
Passing all consumer test
Days of heaven, nights of sin
Voodoo stick and sharks fin
When all around you seems like hell, just one sip will make you well
Multipurpose in a jar
If you ain't I'll it'll fix your car
In days of yore for all bad feelings
Washing socks and stripping ceilings
Nowadays it's used medicinally for all known human malady
It was really vile weather when we got to tarred and feathered
You could hear the six guns sound as they chased us out of town
It's awesome when "markets" are just two little girls fighting over a locket.
Its good when these jews are finally trying to gut each other out...I wish they would do that more often.
So Ackman goes logically and methodically (good) short based on the threat from US regulatory action (bad).
Icahn goes full-tilt emotionally (bad) long based on no such threat (good).
Honestly, I'd like to see Ackman come out the winner, but betting on SEC or DOJ doing their jobs is a risky, risky bet....
If the SEC/DOJ successfully prosecuted Herbalife as a Ponzi, then, by legal extension, there would 200-300 copy-cat knock-on lawsuits against the Fed for the same crime. After all, ain't QE kind of like... buying/selling a Herbalife meal?
Herbalife is an organization that induces "commission-based salespeople" to sell snake oil health supplement "products" to customers (i.e. their family, relatives and friends) using the highly effective methods of guilt, pity & charity developed by the Girl Scouts in their efforts to sell cookies.
Unlike the Herbalife products, the Girl Scout cookies succeed in their advertised and intended purpose.
.........and Girl Scout Cookies benefit a worthwhile cause.
Icahn is old school. 1980s. J.R. Ewing. I like his style.
Yes, if promiscuous sex with abortion is the cause you would have inculcated in your girls. .
As reported by C–Fam, the pro-life watch dogs at the United Nations, the Girl Scouts had a meeting for girls only at the UN om 2010 which included a Planned Parenthood guide for sex. It was a no-adults-allowed affair; any adult not associated with the Girl Scouts was kicked out.
Said Cathy Ruse: “The Girl Scouts have been officially ‘pro-choice’ for years. Now they’re pushing promiscuous sex on the girls. Here’s an excerpt from page 11 of the Planned Parenthood guide offered at the secret meeting:
'Some people have sex when they have been drinking alcohol or using drugs. This is your choice. Being drunk or high can affect the decisions you might make about sex or safer sex. If you want to have sex and think you might get drunk or high, plan ahead by bringing condoms and lube or putting them close to where you usually have sex.'”
In America's new Ruth Bader-Ginsberg culture, the Boy Scouts are a no-no; the Girl Scouts a yes-yes. Good luck.
I was born 40 years too early....
Don't forget the Girl Scouts promotion of homosexual lifestyles, which the Boy Scouts are now being pressured to accept. Obviously, both these groups have been targeted by homosexuals as a way to be around children and indulge in their pedophile fantasies. What happened at Penn State with Sandusky would just be a lurid tale compared to what's been going on behind the scences at the Girl/Boy Scouts. In fact the revelations about the coverup of young boys and pedophiles in the Boy Scouts makes the Catholic Church revelations look rather tame. The only thing the Catholic Church has over the Boy Scouts is that they've been at it since priests/nuns were not allowed to marry some few thousand years ago.
T.I.S. +1,000 That was one of your best extended allegories. Do you have a Ph.D in rhetoric?
It was good, wasn't it.
They're both very smart and very good investors. I prefer large investors do not have much media exposure. However, in this case I think it was great to hear their arguments ... and see them perform.
The Government doesn't do anything that might affect current cash flows without doing due diligence at the Goldman Sachson's
And I'm sure that Icahn's LPs are so happy to hear that Carl put his ego aside and used prudence, discretion and thoughtfulness to buy these shares meaningfully; not being rash in his decision at all.
That's what I thought.
Still, I wouldn't have gone and poked that big bear with such a short stick as Ackman used. Icahn is still fuming over losing that lawsuit to him a few years back. You know he wants to get the guy.
Ackman called the guy out, Icahn looked at the market cap of HLF, knew from the start he could buy the whole damned thing outright if he had to and decided to pick up the gauntlet that the youngster threw down in front of him.
Game on. Hopefully Ackman can convince the DOJ or somebody to step in and shut the whole thing down as a ponzi. Otherwise, I'm afraid Ackman's going to get burned to a crisp on those shorts.
He doesn't have LPs anymore. It's just his money...
Jew on Jew crime.....with million in loses for the looser ROTLMFAO
Let them kill each other so the rest of us can live in peace.
And I wish bigoted filth like you would just drop dead and stop wasting good oxygen.
Why can't these two get a room and just go fuck each other in private!
Herbalife H20 Bio-Solvent Plus. This special blend of a key and essential substance from several diverse sources helps dissolve critical enzymes and micronutrients on a cellular level while also hydrating the body on a cellular level. Only $9.99 for a 4 oz cup of wat... er, I mean H20 Bio-Solvent Plus!
ahhh....no way...common...is that a real herbalife product? i can get a 6 oz bottle of designer water for half that price
dont fuck with those rich old fuckers......taking it personally is the only jolly they have left
Icahn & Ackman, the term "legends in their own minds" comes to my own mind.
Aging egomaniacs gambling with other sheople's money.
Does either of these two "billionaires" contribute to job growth? Or are they just high stakes gamblers? Looks to me like one is a chip bully intent on forcing another players hand to grab their stack. A wee bit greedy, but that's called "success" these days.
Of course, poker players don't produce jack-shit either, so the analogy is quite applicable.
You're missing the point. When you are in your late 70s and worth 14 Billion, the point is to have fun, not necessarily make money.
He was dissed by a young buck and he will have fun making the young buck pay for disrespecting his elder. I think it's great fun to watch, not the lest bit "sad".
Funny how Nature will have the last laugh on Icahn as Ackman pisses on his grave.......THAT is how it will end for this slimy soap opera......It's a morality play with NO morals
You're missing the point
I think you're missing my point. If at that age and wealth you have nothing to do but inflate a stock to try and ruin another billionaire, you're obviously missing more meaningful endeavours.
I'm not saying that my idea of a good time, but it's obviously Carl's idea of a good time. A lot of times old people just don't care anymore and will do what ever the hell they want to do. You know the red-hat-and-purple-wearing-ladies. You may think that old billionaires should go to the synagogue and study the Torah, but obviously Ichan has a different idea of how to spend his sunset years.
Ackerman was just plain dumb to piss off a Billionaire who doesn't give a fuck.
I think Kirk Kerkorian was around or pushing 90 when he made his play for Chrysler.
If I may, I think Kerkorian was more sad. I don't right remember all the details but it was of interest because the legal battle played out in my home town. Kerkorian was in a fit about how the DCX merger went down. From what I understand he went through some grueling witness box time for a man in his mid-80s(2006). All for what, another $1billion at best and the principle of the matter. Even if wasn't a wearisome time, it certainly used up the one commodity he can't buy. Icahn is younger and doesn't have to be tied for more than what it takes to push some buttons or tell someone else to. I'd watch/read this over some made up bullshit reality like Jersey Shore or Biggest Loser, any day of the week.
and?
Holy fuck what are you doing here?
This is THE GAME.
Morons watch basketball, buy jerseys and flip burgers or whatever gets them by.
We play with money. If you find this match between Ackman and Icahn anything but fucking awesome, you are in the wrong stadium. Go watch jigs throw balls at each other and leave us to our entertainment.
I agree. It's a like a real-life version of "Wall Street" with Ackman as Gordon Gecko and Icahn as the other, richer guy.
Had the same thought...
http://youtu.be/cBXF8dqA0Hw
Exactly. Making more money is fun, but putting the screws to a competitor who called you out on national TV is more fun.
That's right....it's hard to get 'stimulated' when you are 74 ( I would guess), but I bet this really gave Ichan a shot of adrenelin every time he picked up another block of options.
Now, he has a new goal - a new reason to get up and get going every morning.
Double post
Why does a dog lick his balls?...because he can!
No you wouldn't and I think Icahan was ticked because Ackman was telling the truth.
I like your hair bro.
Either way, operation blowtorch the whippersnapper seems to be going along as planned. lmao.
It is only Round 3: Bill will outwit Icahn in the end. It will be a kind of gay patricide, but a patricide anyhow. Do not underestimate the swarmy arrogance of the ACKMANATOR: kind of like Edward Norris meets Superman. But, yeah, sucks to be invested in Pershing right now. (And ZH plays the Schadenfreude card so well once again.)
It's been alleged by the Tyler(s) that Icahn is attacking Ackman on another front by attempting to send JCP into involuntary bankruptcy. Ackman has about 18% of JCP.
PSYCHOPATHS WITH LOTS OF MONEY...I HOPE THEY BOTH BLOW UP
I don't know the facts about Herbalife but simply say this: If regulators look at Herbalife and conclude that it either is not a "ponzi scheme" or that there is a reasonable argument that it is not a "ponzi scheme", Bill Ackman needs to be charged with market manipulation and go to jail. You can't have people shorting the stock and then going public with dogmatic statements knowing that they will tank the stock.
In other words, the regulators need to look just as hard at Bill Ackman as they do Herbalife.
Again, I am not drawing any conclusions, just stating the ground rules.
rules?
Rule... Old guys rule.
rules?
Read the 300-page pdf. If Herbalife isn't a pyramid scheme, nothing is. Then again, if the SEC isn't a legitimate law enforcer of securities laws, nothing is. (Free Jon Corzine!!)
I try to follow the example of lawmakers, MSM and journalists and not actually read primary source documents.
"pyramid scheme"
Thanks. I stand corrected. Same logic still applies.
Thank God i left my clothes, Boots and motorcycle at home
http://www.youtube.com/watch?v=fBKMRUyWU38
But what does that a shortsqueeze change about the facts, that everyone can read in the presentation Ackman made public.
If Herbalife is not a pyramid scheme, what else is one?
Life is a ponzi?
Right, but it doesn't matter if Ackman is right or wrong. Icahn is putting the screws to him, and even if the rise in HerbalLife is short-lived it may be long-lived enough to wipe out Ackman.
Well...there's the "Olympic Games" and the "X Games." This must be the ".01% Games"
Companies are valued based on either (1) fundamentals, or (2) trying to do harm to people you don't like.
I hope that one day, all of these assholes lose every single fucking dime. #whocares
I hope their holding ALL of the post-1964 dimes when they become worthless.
They will. The survival rate for everyone...
Icahn is an asshole but a smart one.
Ackman is a vagina, hope that smarmy little prick dies in a fire
"We're all dicks, pussies, and assholes. Now, dicks fuck pussies, but they also fuck assholes ......"
I hope both those shit eating ego bloated fucking hedgefund assholes pops some fucking cyanide laced herbalife vitamins and has their fucking waste of fucking humanity guts burned to a fucking crisp.
Fuck you Icahn, Ackman and all you hedgie fucking pumped fiat leaching expert network insider fucking asshole licking ball sack sweat rubbing fuckers.
Do I sense a little hostility? Or are you just jealous that they've figured out how to make money in large quantities?
Hitler, Mao, Stalin all figured out how to kill millions using the same tactics.
These guys just use currency instead of bullets, the goal is still power over others.
There is no jealousy, it I pure and simple rage that our system allows a person to obtain mas welath without adding a single productive dollar to society.
Did the billionaire become a billionaire because the corporation he runs produce enough product of value to pay him that sum, or bcause the stock market valued his share of the company hundreds of times the produtive worth of the company over 100 years.
Amazon has billions in revenue, but doesn't make a dime. Even over one thousand years, Bezos could never pay himself a billion dollars off the business of Amazon. Yet, he's a billionaire because a paper market says he is.
Good luck existing in the future of the zero sum productive economy. It is coming fast. It has become nearly impossible to make a profit on productive business. When you can't make money producing anything of value, then there is nothing of value to consume.
amazon is the future... like it or not-- and, mr. bezo is a very generous, and crazy (lovely laugh) 'diamond-in-the-ruff' individual, that knows it's the little guy that makes him shine! 'so shine on you crazy diamond'!
http://www.youtube.com/watch?v=BLKiMbCbs2k
Soup still on fire
Somone must have a sore sack about the comments, must have struck a nerve.
JEW-FIGHT!
It looks like when two Jews fight, the world trembles. When two Arabs fight... ahh that will never happen.
Where have you been hiding the last two years? The Arabs do nothing but infighting...
Did you sleep through the Arab Spring, or take one too many pucks to the head?
why are these two assholes news?
Two bitchy drama queens... nothing more.
Fuck Carl Icahn and fuck the horse he rode in on. Proof that being a billionaire doesn't make you an adult. Oh, poor Carl, he got his feelings hurt. Poor baby. What a whining sissy ass girlyman. Isn't it time for you to die yet you useless piece of shit.
And Please, Please, Please take Jack Welch with you, too!
These 2 puny wimps don't have the guts to mess with me and my daddy.
So they mess with each other.
Rulers of the world, these psycho cocks belong behind bars.
Lets see if Ackerman fights back. I'd love to see a full page wsj add with a synopsis/highlights of his 300 page PDF. Would be awesome to see the next escalation.
He can't be bargained with. He can't be reasoned with. He doesn't feel pity, or remorse, or fear.
The signs of a psychopath ?
You gotta stay solvent longer than you stay correct
The Bernankinator destroys markets without reason.
Sounds great!
They should put them in a ring and have them beat each other with money bags.
That is essentially what is happening.
Fight Club's newest rule. Talk about fight club in a full page ad in The Journal.
Is Icahn still pushing JC Penney into bankruptcy?
Maybe value is looking at all Ackman's positions and making an Anti-Ackman portfolio, or at least try to guess which nut Carl might try squeezing next....
I went to the mall last night and strolled thorugh an empty JCP. Very depressing. No people and wide, empty isles as they dump invenotry and fail to re-order. Almost as depressing as a stroll through that Black Hole of retail....Sears.
This new postal rate increase and the internet sales tax will certainly create more "headwinds" as they like to euphemistically call a disaster ahead.
Herbalife, is that the company that sells...I dunno..pills that do something? Apparently they help you to lose weight, gain weight, hair loss, hair growth... My mom went to a Herbalife meeting with the son of a friend. She said it was like the bastard child of an tele evangelist and Charles Ponzi.
But they have a corporate headquarters that makes the Toyota buildng down the street look like it belongs in a trailer park.
Of course the Joos always run the big building with nothing in it scam. Anybody remember Fog Dog sports? Remember, they were going to ship and warehouse billions, went public and the executives cashed out.
I went to Fog Dog once before they went public, it was a giant warehouse with nothing in it. The shipped $35k in merchandise but were going out with a billion dollar + valuation. But the building was huge, think of the potential growth!!!
GOTTA LOVE PONZI STREET!!!
that's what happens when central bankers throw money from helicopters. rather than "spur growth" it merely started "stock wars".
they both think they're moving the market but will end up like London Whale
I've seen what this Icahn character... this super-duper uber-ego schmuck has done to people personally-- effected by his, 'selflessness shareholder-interest mantra'! It is nothing more than a page out of a, inane histrionics kleptocrat's manifesto-- a destructive modern-day barbarian rant'd-up metaphor of slash and burn! Whereas the subsequent growth purported, that comes from such Eco-philanthropy is a charade... crushing any existence for the little guy!
Flintlock pistols at ten paces would be so much more fun to watch.
funny if you make a statement that the jew bankers killed by hitler deserved it because they destroyed germany's economy...people will attack you. now that 2 jews spend billions to piss on each other with total disregard for everyone else, well that is just fine.
this kind of shit is what causes black swans....
I'll beat ack!
"Tell us Carl, what is best in life?"
"To crush your enemies, to see them driven before you and hear the lamentations of their women."
That quote used to play everytime my computer started. I'd give you more then +1 but can't.
operari sequitur esse
Also from NBC (Never Better Communications).
"Watch asteroid 2012 DA14 buzz past harmlessly, via streaming video" http://cosmiclog.nbcnews.com/_news/2013/02/15/16966984-watch-asteroid-2012-da14-buzz-past-harmlessly-via-streaming-video?lite
Watch ben bernanke harmlessly monetize $Trillions of government and mortgage debt
Watch congress harmlessly lift debt ceilings and spend with impunity
So they go on TV and whipsaw the stock, certainly not intentionally. Meanwhile Lemann of 3G and uncle Warren do a deal with Billy J and scoop up Heinz under the radar. There is so much fat in Heinz country club culture this is a brilliant deal. Lemann will be like a giant liposucking hedge hog likely removing 20% of SG&A in his first of many passes. And that will just be the beginning as he sheds some of the prize assets like Ore-Ida, Lea&Perrins etc. The margins are enormous at good old HJH, which has allowed a bloated culture of management by consultant and an almost civil service type of bureaucracy.
It will be interesting to see what crawls out from under the rocks in the options trades in advance of this deal. Meanwhile Billy is safely tucked away in his Naples cottage http://binged.it/VkZOfY having sold the family jewels for a pittance.
How was copper wire invented?
Two Jews arguing over a penny.
This guy is like a fucking real-life JR Eweing. He only goes to work to pump his ego and piss off others, not because he needs to.
In a way, it's sorta cool. But if I was a billionaire I think i could find other things to wheedle away my small hours with.
A Jew walks into a pub and sees his friend Moshie sitting at the bar. He dropped his hands to his sides and yelled, "Oh shit Moshie! I'm sorry to hear about your shop burning down!"
Moshie spun round quickly and said quickly, "Tomorrow, tomorrow!"
[ is this still rayciss if it is told to me by one of my best friends (and neighbor) Stan Rabinowitz ?]
Nah, many Jews have made a fortune making fun of other Jews.
Like a nigga callin another nigga a nigga, as long as you've worn a yamaka it's just good fun.
dammit, that screamfest was a sign to get in
Fucking mammals on parade.
And these are the "leaders"
Oi vey!
Couldn't think of a single better pair of money masters showing their true colors. Fuck 'em! Take notes fellow small playas, buy physical metals locally, not THEIR stawks. Nice buy on "gol and silbah" next week if the "JPmorgue", and pals keep this up (physical prices will take a week or so to catch up, real economy)
trader porn sans the moneyshot.
And if the stock market tops out and we see a collapse in an overbought, Fed-fueled stock market, Ackman might get the last laugh as a falling tide lowers all boats (and stocks), including Herbalife's! That would be poetic justice!
An example of who we have in leadership in industry and government; arrogant self-centered children.
It would be really funny if Ackman bought HLF before Icahn - anticipating his tantrum.
Anyways, adults are not in charge in Washington or Wall Street.
Since I don't play around with billions I am not up to speed on the effects having a large percentage of float has on the stock price, but isn't Icahn opening himself up to the exact problem the shorts have with having too big a position relative to float and the same problem the JPMorgan whale had. If I go out and buy a large portion of the float in a very short time the price is bound to go up and my mark to market (lol) profits look really good.
He has to find 12% or whatever his stake is in suckers to exit his position. Seems like a classic problem of paper gains that evaporate once one tries to cash out.
And it came to pass on the way at the lodging-place, that the LORD met him, and sought to kill him.
The woo-hah makes me believe we need a sociopathic surtax.
Wanker
How do we know that Ackman did not anticipate this and also took calls on his position to protect himself. Even in the interview he knew that Ichan would try to get him and drive up the stock price... Both these guys are very smart and probably a lot more pragmatic than what is written in the article. It will be interesting in the end to find out what went on with their trades if it ever comes to light...
Icahn is not as smart as Ackman. Its a 12 round fight and this was round 1. I expect a KO. Ackman in the 7th.
what an epic turd
Its time for Ackman (Bud Fox) to call up Soros ( Sir Lawrence) and start buying puts to put pressure on equity and Icahn (Gekko) Its great to see who has more clout, bottomline is buying Jan 2014 puts on HLF seems like a winning trade for the longer term. Maybe Reggie Mid can help Ackman out!
All these companies are shit. Fundamentals don't matter- netflix just doubled overnight- its a shit company, they have to make 3.6 billion dollars to net 17m.
P/E at 654.95x WHAT THE FUCK? they stream video over the internet. big fucking deal. They need amazon to stream that content.
WHERE is the IP? where is the secret sauce? none.
Carl has gone off the fucking deep end buying everything- his ego and name alone is floating these companies.
All he is doing now is just adding his name to shit.
Thank god he is in his 70's not 30's.
I got a great idea- a business where you can package anything you want and send it anywhere in the world, the best thing is the back bone of this delivery system is already built, its a thing called the USPS- for every dollar I make I am going to charge you 654 dollars to buy into my company, is that something you would be interested in?
sign here:
X___________________
Mr. Dumb Money
Tit for Tat.....I've always wondered who Tat was.
This will end in a funny manner - hope Ackmann manages to goad Icahn to massively overpay for the whole company. Icahn showed his character quite clearly in that interview. Disgusting - attacking the host of the show like that.
His money will be better off in other peoples hands.
The Market will go with Ackman.. the Co. is a turd! now an overpriced one.
Carl said a few weeks back on shithead TV
Ackman was that little jew kid we used to beat up...
I nearly pissed myself laughing..
go get him killer
It's nice to see a hedgie get fucking bent over for a change.
Keep pushign Carl,,,,,
Imagine if they were fighing, not over digits on a terminal monitor, but real money!
So DHS sent in the nazis to discredit ZH again? What, ZH isn´t fringe enough to warrant surveillance?
Why don't they just put their willies on the table?
no drama, no audience nobody will buy what hey can get for free.
AM I missing something? You say the purchases are crushing Bill but the stock is DOWN since their feud despite his ramp up in purchases...it was $43.59 on Jan 25th....and still remains at only $37.78 So how again is Icahn handing it to him?
The Wall Street Ranter