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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (57386)	6/8/2016 10:24:24 AM
From: Graham Osborn	Respond to of 78694

Despite Icahn's bearishness he has made some remarkably strange buys lately: HTZ, AGN, and LNG among them. I get the sense that he is bearish without really understanding why.

To: E_K_S who wrote (57386)	6/9/2016 5:53:24 PM
From: Tong Huang	Respond to of 78694

probably related to the spinoff on June 30th. " According to the Form 10, Herc will take on a bunch of debt to transfer ~$1.9b to Hertz as part of the transaction, with the proceeds being used to pay down debt and repurchase shares. " with HTZ market cap of $4.74 Billion, $1 billion share repurchase will reduce shares by 20%. What do you guys think about this? stockspinoffs.com sec.gov