HOLD ON BEFORE YOU CHASE ICAHN INTO APPLE $AAPL $GOOG $NFLX $HLF $CHK
After a string of spectacular investments, Carl Icahn tweeted on Tuesday at 2:21 p.m., “We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.” Apple stock was trading at $475.81 just before his tweet and shot higher right after his tweet.
Icahn had previously stated that he would announce his next major investment on Twitter; therefore investors were on high alert. Four minutes later, Icahn added fuel to the fire with another tweet: “Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now.… Please click here or the title below to read more.
August 14, 2013