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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (102984)	10/2/2013 2:56:12 AM
From: Haim R. Branisteanu	Respond to of 218578

Was wondering why Carl Icahn is so active in requesting AAPL to buy back shares, now it seems quite clear his companies are stuck with a 2 billion investment in AAPL. the way I know he operates those amounts are quite leveraged. I presume the $2 billion are leveraged positions and he tries to get out or otherwise he is on the hook on $2 billion in a company that operates in a highly competitive market. My take is that this stock is now a highly speculative investment, and past its peak performance at $700+. I would not buy this stock until proven otherwise