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Here's Why David Einhorn Said 'Frack Me' At Robin Hood Conference
Thursday, November 19, 2015 - 11:36am | 496David Einhorn has been adding to Greenlight Capital’s stake in CONSOL Energy Inc. (NYSE: CNX) as the stock's share price has fallen 80 percent in the past year. Einhorn argues that the decline of coal does not mean that it is going away anytime soon. Einhorn’s DCF analysis...
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Will Latinos Help Bill Ackman Convince Washington Herbalife is a Pyramid Scheme?
Friday, November 29, 2013 - 8:17am | 600Activist investor Bill Ackman believes Herbalife (NYSE: HLF) is a pyramid scheme. He has said so and backed it up with a $1 billion short position. Some Hispanic organizations agree with Ackman’s assessment and have urged state attorney generals to take action against the company. Brent Wilkes...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...
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The Chorus of Market Negativity Grows While The Pool of Opportunity Shrinks
Friday, November 22, 2013 - 2:49pm | 867You can add David Einhorn's voice to those concerned about the current market conditions. Speaking at the Robin Hood Foundation gathering this week, he responded to a question about the market saying “It's really hard to say. There are certain aspects of the market and certain stocks that are...