Mike
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FreezingTexan
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01-26-13 02:17 PM - Post#1503066
In response to Mike
I tried reading it but fell asleep.
| Germany, it's like Wisconsin only with a really bad past. |
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Mike
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01-26-13 02:31 PM - Post#1503072
In response to FreezingTexan
try listening to the clip but you might fall asleep as well. There is no fucking or anal.
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Cotton
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01-26-13 02:50 PM - Post#1503075
In response to Mike
LOL
"No man in the wrong can stand up against a fellow that's in the right an keeps on a-comin."
-creed of Texas Ranger Captain W. J. McDonald
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PuckRogue
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FreezingTexan
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01-26-13 03:20 PM - Post#1503086
In response to PuckRogue
Go on PR
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FreezingTexan
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01-26-13 03:21 PM - Post#1503088
In response to FreezingTexan
Well Mike you said going at it I thought there might be some entertainment value but I understand nothing about the stock market
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Mike
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01-26-13 03:31 PM - Post#1503094
In response to FreezingTexan
fair enough. Its more about the magnitude of the people involved. In terms of value investors that make impacts in the market today, this is like Probert and Kocur going at it (using a hockey analogy). You typically would never see guys like this go at it publicly. Icahn is the legend of corporate raiding and activism, and Ackman has become more or less the top of the new dogs. Both are billionaires to boot.
The fight essentially is over a company in which Ackman has sold short (meaning made an investment that means he is betting the value declines). He has behaved a bit erratically with this one and pulling some of the shit short sellers do including bad mouthing the company and more or less causing short term instability in the stock. I guess (or rumored), Icahn is long the stock (meaning on the other end of the bet), and he has taken exception to Ackman's antics here.
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FreezingTexan
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01-26-13 03:49 PM - Post#1503098
In response to Mike
See, that makes it interesting to me!!! I had no idea wtf they were arguing over lol
| Germany, it's like Wisconsin only with a really bad past. |
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COCHRANE29
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01-27-13 08:00 AM - Post#1503315
In response to Mike
This one appears genuine as cnbc likes staging these bull/bear...long/short debates...interesting shots taken at one another so no doubt both are holding sizeable positions in this tug of war.
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Mike
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01-27-13 08:23 AM - Post#1503324
In response to COCHRANE29
agreed. These two guys are too "big" to put on a show. Most of these guys, particularly in this strategy, know each other well. Ackman came from Gotham Capital (before Pershing Square), has been in NY and running in the same circles as Icahn. For these two to fight publicly, definitely on the opposite ends of a bet. I have a lot of respect for Ackman, but I dont like vocal short sellers. if you are a short seller and need to publish your research, to me that means you are trying to manipulate the stock. I know Greenlight Capital has done this many times as well.
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Fotiu
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01-27-13 08:39 AM - Post#1503332
In response to Mike
I know nothing about finance, but this is worth listening to if for no other reason than to find out that something called "Schmuck Insurance" exists. Brilliant.
| Is Roy Innis gonna have to choke a bitch?! |
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