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AAPL & Market Spike On iCahn "Buyback" Tweet
Carl iCahn - whose media presence outweighs his shareholder presence - has tweeted the results of his dinner with Apple's Tim Cook.
Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in about three weeks.
— Carl Icahn (@Carl_C_Icahn) October 1, 2013
AAPL shares are surging and the market is following suit...
and the S&P 500...
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So despite a pretty solid balance sheet, even APPL is chanting "mark to fantasy forever"!
Fuck me...
"We decided to continue a dialogue..."
TRANSLATION: It's not happening, but we're going to pretend it will.
iCronyCapitalist
too bad breaking bad is finshed. it was way more believable than this pathetic drama
Kill your TV.
iClown strikes again....fuckin spotted hyena scavenging other peoples wealth with his tweets....iClown and iPhone (AAPL) are made for one another though I think iClown is offloading to idiots as we speak.
Only morons would be buying a GOLD iPhone5s for 700-800 bucks when the reall thing (GOLD) is on sale for under 1300.
So... does anyone know if they can stage a buyback with their off-shore cash? Or does it have to flow through a couple of Goldman accounts first, in order to provide money for a bond offering, which will then be used for the buyback?
Gotta love it when tweets are used like this...
What goes up must come down, even an almighty redwood tree ends its life with a crash. AAPL is really worth zero.
You know, I never understood the fierce Apple hate on this blog.
Whatever, they're a company. They make products and sell them. This makes them money. If you don't like their products, don't buy them.
Saying the company is worth zero is just crazy. Smartphones, like it or not, are here to stay. Maybe at some point they will take a different form (glasses, watches, whatever) but the need for people to connect with each other instantly will always be there.
Will Apple continue to innovate and be considered the premier product on the market? I don't know. No one does.
Sure, they're an 'evil' company which coordinates to control the muppets and violates our privacy...but so does every single other big corporation in the world. Where is all the Google hate? Where is all the Verizon hate?
I just don't get it.
Excuse me but none of my gold coins will connect to Facebook. Add that to the fact I can't eat them and I wonder why I keep them around at all.
this is what the markets have become? glad I left it.
I humbly submit that drones could bomb better targets than wedding receptions in pakistan and petting zoos in libya.
iSHORT
Gotta pump it to dump it.
Jimmy cracked corn and iDont care!
Dear Uncle Ichan, Thanks for allowing me to pick up November 420-450 puts on sale.
"We decided to continue a dialogue".
Note to SEC: This is quite a bit different than Icahn's prior statement that AAPL is proceeding with a buyback. I'm sure that SEC staff can't wait to get back from shutdown to start enforcement.
Oh, and regarding the Fed "No Taper Leak", why is it the Fed interviewing media outlets about the early release? It should be the DOJ putting the Fed leakers and traders who acted on the leaks in fucking jail!! Fuck Chicago vs. New York trades and timing, that is just the smoking gun. Even the New York traders had advance knowledge.
A multi-million dollar theft occurred in public, there is a smoking gun and the media and everyone else is focused on the circus instead!!
Yeah, how is it bullish to hear the talks went nowhere? It just proves that algos are too stupid to read between the lines.
The primary reason to sell AAPL: Cook is having dinner with Icahn.
INSIDER TWEETING = FRAUD
Indeed....sheer fuckin madness
Fuckin TwitterTwatting douchebag Icahn you cunt
$150b is impossible without more iBond issuance, and too many got burned at the last offering.
Carl is gettin' desperate, and isn't his twitter message illegal?
Those laws don't apply to the likes of iCon.
He'll be sharing a cell with Corzine by Monday.
I'm sure the shutdown is preventing the SEC from doing anything about it /rolleyes
It would seem that billionaire hedge fund wankers are not subject to any of the provisions of Reg FD. Just like taxes, SEC regs are just for the little people.
iCahn't believe this shit isn't illegal.
Clearly the federal regulators would be all over this if they weren't furloughed. /sarc
It is definitely not for licensed financial advisors but for activist investors it's probably legal. What would be funny is if Apple did a 180 Bil secondary.
What would be funny is if Apple did a 180 Bil secondary.
I Had Dinner with Cook two nights ago and suggested a $180 billion 2ndary and to use those proceeds for a $150 billion buyback. We decided to continue dialogue in about three weeks.
... Fucking Insanity
And this is legal.... how?
The Golden Rule: He who has the gold..
APPL has physical gold?
Quite a bit, actually.
It's required for some interconnectivity on their PCBs.
Same for silver.
but the real question is: Did he tweet it from his GOLD iphone?
So the company issues possible buy back via a TWEET??????????????
This just goes to prove how far this farce has gone
How is he not now guilty of, at best, insider trading, or more likely market manipulation?
Quick somebody call the SEC! Oh right, they are temporarily closed, but permanently blind.
When are these guys going to start wearing face powder and tall, ribboned wigs? Did Carl pull out a silk fan, hold it up in front his lipsticked mouth, and bat his fake eyelashes after tweeting this?
edit: Don't be saucy with me, Bernaise!
LMFAO!!
No market manipulation here. The SEC is looking into it, as soon as they wake up which is NEVER. They're "essential".
Carl who?
I think it's the Carl from Slingblade.
French fried Potaters?
Dinner probably went something like this..
http://www.youtube.com/watch?v=tqTWQiTlhKQ
Or like this
http://www.youtube.com/watch?v=4V1GqDnUkkQ
Keep printing Ben, Buffet can't lose ten bucks or one of his yachts might sink.
Only one thing to do now, Push it. ....http://www.youtube.com/watch?v=vCadcBR95oU
IF Icahn giving Tim Cook a blow job spikes the Apple stock price, we really are fucked.
I'm pretty sure that was dessert.
Government shuts down and suddenly spam in inbox has dropped way down.
Interesting...
"TWEET FRONT RUNNING"
THE NEW WAY OF INVESTING...
In the past the only market mover was the lips of Uncle Ben...Now we got tweets from Carl I think I can...What's next, Farts from Bozo the clown?
This is why Wall Street is so fucking evil! Whatever you think of Apple products or its customers, they have built a tremendous company. They produce quality products that people truly enjoy. Steve Jobs was immune to the bullying tactics of scum like Icahn, but Tim Cook is a pussy. He will cowtow to every wish of this cunt until the company is wiped out. Tim Cook is like the restaurant owner in Goodfellas and Wall Street is Paulie. He invited them in as partners and they will fuck the company until its time to torch the joint. Fuckin' Shame!
Ifixit has different things to say about Apple quality. The best quality Apple products were made in the 1990s without Jobs.
Jobs idea was to put garbage Chinese parts in a pretty package and go long on margins. Then con people into paying insane amounts of money for what they believed to be a quality product, like Coach.
lol
BUY!
Listen up superstitous asians! The new macmini has the dimension 7.7"x7.7"x1.4". Apple just released ios 7. Carl Icahn is 77 years old. Cantor fitzgerald thinks one Apple share is worth 777 usd.
S&P fair value 777...
Icahn is dogshit - we know that.
But dogshit is making the SEC look like dumb asses.
Where's the rulebook SEC? Oh right. You're on upaid leave.
iCon needs to put thrown in a 5x5' cell
I do not give a shit about Apple but what this guy has just done is fuiCahn ILLEGAL!!! Send him to prison nooooooow!!!
What are all these asshole CEOs/Boards going to do when their borrowing costs(higher interest rates) from all these ponzi buybacks go ballistic?
Had that one ready just in case the govshutdown, and the market tanked:)
I think now is a good time to put on a vwap trade ...
Is AAPL this desperate already?
Gee.
what a fu****g waste of money this would be....they should buy gold instead. Please someone kick pathologically egoistic people like Icahn in their fu****g a**.
Crimminals are SMART. Talk about using FULL DISCLOSURE to your economic advantage!!!!!! He must be laughing ate the SEC and all regulatory authorities. Fascist capitalism, is there any other type of capitalism?
Isn't this the very definition of insider trading. How is having lunch at the Four Seasons any different than whispering info on a golf course?
Make it a short on Thursday. Icahn pushed hard but still needs to talk again over 3 weeks. Tells anything and everything, but mainly that nothing is going to happen in between.
Now that Carl has shown his hand, it's a personal thing for Tim to be pushed less than Steve by yet another Wall Street digitalignoranimous, just for drill.