Hogwash! Carl Icahn doesn't do ANYTHING that isn't conceived to make him the biggest bundle of cash. Sure, maybe he won't participate in the buyback, but he'll surely sell his shares shortly thereafter.
Mark
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Carl Icahn Increases Apple Stake to $2.5 Billion, Requests Immediate $150 Billion Stock Buyback
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Hogwash! Carl Icahn doesn't do ANYTHING that isn't conceived to make him the biggest bundle of cash. Sure, maybe he won't participate in the buyback, but he'll surely sell his shares shortly thereafter.
Mark
And it seems about 50% of the time he gets what he's actually demanding of whatever company, otherwise he sells while its high and takes those profits.
For those not familiar with him, he makes huge amounts of money this way. He's very rich, very nasty and Apple with it's 150 billion in cash on hand just made this to order for him.
Apple execs better be very, very careful with him or the company could come out of this in a much worse financial position than it is now. They shouldn't have let the cash hoard have gotten to this size - the last thing Apple execs need to be doing is dedicating lots of time and effort to dealing with this shark.
The question was why you posted it. I guess it was to show off. I was hoping it wasn't for such a childish reason, but I suppose I was wrong.
No, you still seem mystified by what happens when someone sells their shares. That was the point of my original comment, a point to which you still have not responded.
If you say things about a stock, driving the stock up, before you (or a partner) sell it or down before you buy it, that is manipulation. If you talk about a stock, with the intent to move it up or down, that is manipulation. If you buy or sell a stock with the intent of changing the price, that is manipulation.
If your actions have the intent of changing the value of a stock, you are manipulating that stock.
Icahn is self-dealing, but he is almost saying what I have been saying for the past year or more. Apple should go private.
Icahn simply wants it to go partially private so he can benefit from his non-private portion.
Going private would retain the top 20 or so shareholders and they would stop being annoyed by the public markets and related noise entirely.
Rocketman
Icahn simply wants it to go partially private so he can benefit from his non-private portion.
Going private would retain the top 20 or so shareholders and they would stop being annoyed by the public markets and related noise entirely.
Rocketman
Such anger.first of all, it wasn't my statement but someone else's. I only corrected you.
second of all, he said 60cents after the dump. And he also mentioned the person that doesn't know what is happening hence the lost.
Please learn to read and count before you question others!
Samsung has the resources to do it. They would need to go through proxies for legal reasons. They would need to get rid of Apples pile of cash first.
"uh yeah, all that capital you have on hand? Just go ahead and use it to buy back 10% of your publicly traded stock so my .5% will increase in value."
I would think Apple might want to hang on to it's capital while it is experimenting with domestic production of it's products.
I'd much rather Apple invest 150 billion in a chip fab or display fab so that it can be more in control of it's supply chain. (cough Samsung cough)
I would think Apple might want to hang on to it's capital while it is experimenting with domestic production of it's products.
I'd much rather Apple invest 150 billion in a chip fab or display fab so that it can be more in control of it's supply chain. (cough Samsung cough)
The $2 is irrelevant. Maybe you should learn common sense? Pretty sad really. I hope you don't go into the stock market because you will likely end up in some homeless shelter eating up my tax dollars.
Absolutely not. What you say has to be false or misleading. This is a huge and critical distinction that seems to be lost on a lot of people. According to a lot of posters in these many threads, the very act of buying or selling is a manipulation, or a stockholder expressing their opinion is a manipulation. That's not only wrong, it's totally nuts.
I think this is why SJ never decided to issue dividends. I think Apple's current plan is good. Tim new in time that the naysayers would come out and the stock would go down, especially once SJ passed. I believe in Apple and it's products and Apple was cheap at $400, if you got in then and the stock is undervalued than Icahn will eventually still be able to make money. Not like he needs more anyway. I hope Tim writes a letter.
There is a reason these creeps never plucked with Steve.
seriously? Irrelevant? So let me get this straight:
you misread the original comment by someone. You comment on it with WRONG calculations. I correct you. And you tell me I'm the one that needs to learn common sense? If you are joking then - hahahahahha. If not then its sad.
So, go back to the original comment, re-read it so you understand what the person actually meant before you come and label me with something that is clearly incorrect.
P.s.: I got stock when it was $280 so I don't think I'm sad
It depends on the intent of the speaker. If you can show, the statements were made with the intent to change the value of the stock, it is manipulation. One example, If I were to come out and say, I THINK, Apple will double in the next 60 days, then when the stock went up, I sold, I would be manipulating the stock. If I were to come out and make lots of true statements about how Apple is a cool company and list lots of reasons why it is undervalued (all statements true) then sell the next day, I would be manipulating the stock.
Original comment by markt:
Pump and dump schemes are not just for high priced stocks. Many a penny stock has suffered from these. So when a stock goes from $.75 to $5.25 in a week and then falls back to $.60 the little investor not in the know who thought he could afford to buy 10000 shares at $2 when it was going up like a rocket just lost $14000.
I can count because I counted the difference between the 60 cents and 75 cents since that's all they lost. In his example. The 2$ has nothing to do with the topic at hand. You need to learn to count. Second, i have said this what 3 times? So I guess you need to learn to read. Funny how that works out, no? You insulting someone's intelligence when it is your intelligence which shows to be lacking.
Also I have something to do in 5 mins so I won't be replying anymore to tell you how you're wrong since I have better things to do. Bye