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Carl Icahn Crushes CNBC's Perma-"Buy Stocks"-Bull$hitness
We suspect this will be the last time billionaire investor Carl Icahn is invited on CNBC. Having sold CNBC darling NFLX, he crushed the two main memes of CNBC's raison d'etre - buy stocks, because where else are you going to put your money - "what's better - making 2% or losing 30% as people did in 2008...right now it's an extremely dangerous time;" and the next leg of this bull market will come from an improving real economy - "the economy is not picking up, it is artificial due to low interest rates." The market has way over-estmated how long this will last, Icahn concludes, "keep your powder dry - why do have to own anything risky? It's just nonsensical."
"The longer [The Fed] waits to take the patient off the medicine, the more difficult it's going to be"
Enjoy... (a very quiet CNBC crowd)
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"right now it's an extremely dangerous time" ...except for apple. #BuyAAPL.
Ex-fucking-zactly.
a dangerous time to be Carl Ichan.....sudden suicide coming
Carl Icahn will say whatever is in Carl I-Con's best interests. We don't need a player that takes half the plays off.
computer glitch sorry
from a tall building?
computer glitch X 2 sorry
staple gun?
Aim small, miss small. Or something like that in the movie "The Patriot"
impressed that he said it. there's a term in the hood for that, it's called trill shit.
Keep us posted on Carl's next investment .... imitation is the sincerest form of flattery !
Hey yea. Why not 3xdaily threads about his choice of fucking meals too?
The idea that someone as connected as Icahn is "off script" is laughable. They alwyas put every possible side out there to keep the attention off the fact that the ENTIRE game is rigged. This is just throwing some meat to a certain side of the argument. The game continues. http://www.thetruthaboutthelaw.com/they-promote-every-side-to-constantly...
He is absolutly short!
He must need a new heart, lung, kidney, cock, balls, and brain, just like that ego windbag at Oracle.
Word up..
Your soul is what is rotten to the core, and that has long since died.
Talking his book like every other asshole. Nothing new.
Carl, is that a pile of puts in your pocket or are you just happy to see me!
I don't like Icahn, but telling the muppet network the truth is a good thing.....
CNBC is a Wall Street sponsored 24/7 ZWO buy stocks infomercial.
A ship of fools.
A source of new schmucks for the skimmers, scammers and stock market operators.
Another big one cashes out...hmmmmm
F*** Carl Icahn and his ilk. He has made his money stealing from companies, hurting workers, small investors, consumers and taxpayers.
How to Ruin a Company
"The first of the money men descended on Simplicity Pattern Co. in the autumn of 1979.
By the time they were finished a decade later, a company that once had $100 million in the bank was more than $100 million in the hole."
"In that decade, the money men:
-- Bought and sold the company four times and made tens of millions of dollars running up the price of Simplicity stock in threatened and actual takeovers.
-- Drained $100 million that Simplicity had in its bank account and investment portfolio.
-- Raided the company's pension funds on two occasions.
-- Issued bonds and borrowed from banks, sending the company's debt soaring from almost nothing to $100 million.
-- Sold off properties to raise badly needed cash after they had depleted the company's $100 million cushion.
-- Created so much debt that Simplicity could no longer generate enough cash to make interest payments.
"In August 1981, companies controlled by Carl C. Icahn reported they had acquired 1.6 million shares of Simplicity - 11.2 percent of the stock. By November, Icahn controlled 13.3 percent and had made a tender offer to buy an additional 18 percent - effectively blocking the NCC-Simplicity deal.
To fend off Icahn, NCC Energy enlisted the help of an Australian company, Waltons Bond Ltd., to make a counteroffer for Icahn's holdings. A month later, in December 1981, Waltons Bond paid Icahn's companies $26.5 million for their 1.8 million shares.
That transaction was especially lucrative for Icahn, whose businesses picked up a quick $15 million profit.
The scorecard read: Investors Posner and Icahn: $25 million. Simplicity, its employees and customers: reduced earnings and higher pattern prices."
http://community.seattletimes.nwsource.com/archive/?date=19911103&slug=1...
He wasn't the only "activist investor" involved, but he netted a quick $15 million.
Where was the Justice department? If they did their job, this guy would be wearing stripes and not being touted as an investment sage on all forms of the Lame stream media.
Why do people hate unregulated Free Market Enterprise?
Stop trying to conflate Free Market Enterprise with thievery, Icon's actions are far from that.
huh? Free Market Enterprise? regulated or not, there never has been such a thing. it's a fairy tale. because...HUMANS
Because it makes Icahn rich for doing nothing but manipulating corporate ownership, while hurting the lives of the productive people working for the company. Really easy to see why people hate it, in fact.
Yeah - FUCK YOU ICHAN. Piece of shit with his LBOs he trashed dozens of companies. And he referred to himself today as "respected".
Fuck him
This all based on the fantasy that I can sell faster than you...
those former yukos owners - they're in tight with the NWO.
I'd buy stocks for anything they work for or are heavy into otherwise, eh?
Evil will always triumph, because good is dumb.
http://www.counterpunch.org/2015/06/24/israels-ravagement-of-gaza/
And evil controls the media, I dare say.
Amazing the way in which this tragic shooting in Charleston is being used to not cover so much else.
Amazing, but predictable.
Amazing the way in which this tragic shooting in Charleston is being used to not cover so much else.
Yes, the question I always ask after these subject-changing, MKULTRA-like, come out of nowhere just-in-time shootings is: "what are we now NOT talking about?" I have always been amazed by the ability to produce these things almost on demand.
Icahn still teetered too much on calling a spade a spade here, and it's understandable because he still has skin in the game.
However, the fact of the matter is the stock markets have climbed only a quarter of a percent over the past year from its all-time high, and any long term technical trader would be putting his reputation on the line that we have reached a top, while any fundamental trader would say, its overvalued because 75% or greater of all trades are company buybacks.
And with the Fed jawboning like Draghi did for 2 years, and trying to walk the razor's edge of the fact they never DID end QE, and raising interest rates while doing QE is hyperinflation rocket...
The MBA's who make money aren't stupid, and are simply paying CNBC clowns well to keep up the propaganda until they can get most of their real wealth out before the Bear market hits.
And I do believe that even includes Icahn.
Dovie'andi se tovya sagain (It's time to toss the dice)
Got Karatbars?
He wants you to sell when he buys and vice versa.
The only thing of substance that ICON had to say in that piece was, "keep your powder dry." Maybe Maria Barferomo can make him the new sock puppet over at Faux Business.
LIESman, a penis with ears.
Well, a penis has a special purpose. Liesman, not so much.
Actually LIESman has been some places nobody would stick a penis (up Bernanke's ass)
So we can take from this Carl is all in on ( Cough ) " Cash equivalent " investments ( Cough )
Shit meet fan...
Carl has S&P puts.
Trannies moving out down the track 2% w/i points of an 8 month low:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=djta&insttype=&freq=1&show=&time=8
he thinks the fed will allow "the market" to go down (-30%)??
What a maroon! [/Bugs Bunny]
Some retire to do other, more noble things after they've.... "Won the game in their individual professions."
Others, like Carl, hang around to long, just to tell us what a twisted world we live in.
Thanks Carl.
Hitler was an economic rockstar before becoming a stooge too.
back to the N word
top three locations of white N's
#3: Seattle
#2: Anywhere you find NASA
#1: Spokane
I love Spokane, one of the best places to eat breakfast in America, and some of the nicest people you will ever meet, but white Ns per capita, it's #1.
It's not the word that's the problem.
Empire Economics
John steals product A from Paul, a catholic, and sells it to Peter, a muslim, and then steals product B from Peter, to sell to Paul. Peter and Paul buy a bridge from John when they realize that they can trade, who also offers money and accountant to keep the books, and charges a bridge toll that increases over time. Over time, Peter and Paul begin to understand the scam, but aspire to be John, so they bring in 4 more people, a republican, a democrat, a socialist and a communist. Betty and Sue, looking from the outside, demand equal rights and inclusion, aspiring to replace Peter and Paul. John hires a kid to write a few lines of code to manage the ponzi automatically, blows up his physical operation, and retires. Over time, all parties become specialists, in their own brand of stupidity, trading away what they need for what they want, a piece of crap SMARTphone that cannot feed, house or clothe them, wondering why their standard of living is crashing.
It’s noise.
I am looking at adding $150k/yr right now, surrounded by closed-system thinkers who are competing to stop me, who will immediately be at my door if I take it.
My wife, who has been calling the banks, is amazed, at the ignorance on the other end of the line, automatons reading a script, filling in blanks on a script.
Poverty, regardless of brand, doesn't make you a better person, regardless of what the pastor says. Spend some time in the event horizon to see what goes on there, and move on. And don't be surprised when you find out that every floor on the hoarding skyscraper is pretty much the same, with a different dress.
You sure do know how to mix metaphors. Thumbsup.
not to mention the State of California on the bluff doing its Wyle E Coyote gyrations, thinking it is somehow going to transform my work into water and soil that isn’t polluted. Now the critters are stupid enough to think that reservoiring grey water is going to help the drought, looking into model homes from the outside, with plastic organic fruit on the table.
isnt thst true Georg Soros has started to short market in a big way since last year?
Isn't that nice. Bloomberg reports that Mark Cuban told CNBs that he was sticking with his NFLX investment.
When two tribes go to war....
some of the energy royalty trusts are still down over 50%. i'm kind of hoping the whole double dip in oil prices stuff comes true from iraan or iraq or lybia flooding the market though. my investment horizon is long-term. demand for oil and gas is gonna double in the next 50 years because, humans are humans, no matter what the green enviro nazis say. And if a double dip in oil prices comes it a double win for me because i get to fill up my environment killing suburban for cheaper and i get to purchase more royalty trust units.
I have just got the sign I've been waiting for that the top of the stock market has been hit.
I've been waiting for a playmate of the year to be obsessed by daytrading.
http://uk.businessinsider.com/playmate-kennedy-summers-day-trading-2015-...
Sell Sell Sell
now he'll have to eat his lunch all by himself....
Carl Icahn has not read this banker :
http://uk.businessinsider.com/gerald-brady-not-in-a-tech-bubble--were-in...
Rejoice!
Alleluiia, the new Renaissance... (In Lady Lagarde's Gucci bag! Where else!)
I broke my long standing mantra to never watch CNBC again. Who do I see on the screen? Stevie "fucktard" Liesman. I get so pissed off I can't even hear I-Con speak. Fuck you Liesman, was hoping you already died
Better known as The Man From the FED.
T minus 5 minutes and counting for the preclose fed rally
We're back to the grexit is good for stocks because it will cause FED to QE moar.
All of these "con artists" only talk when they have something to unload on everyone else. If no one listened to them their profits would be immediately cut by 90%.
One of the 50 richest jews advice?
Arrest him. Convict him and redistribute his money into an open source financial system.
I see those knights in purple satin sitting there and I'm glad I'm not them....lol geez what a queer gig