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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: nicewatch who wrote (10375)	2/28/2023 2:07:42 AM
From: elmatador	Read Replies (1) \| Respond to of 13775

Talking their way out of trouble. Or reassuring investors

To: nicewatch who wrote (10375)	5/2/2023 9:22:47 AM
From: elmatador	2 Recommendations Recommended By nicewatch SirWalterRalegh Read Replies (1) \| Respond to of 13775

Hidenburg’s Next Short Revealed! Carl Icahn None Other Than The Corporate Raider Himself! Shares of Icahn Enterprises fell nearly 10% in premarket trading after Hindenburg alleged that the valuation of IEP units was inflated by more than 75% and that "IEP trades at a 218% premium to its last reported net asset value (NAV), vastly higher than all comparables." Hindenburg Research, famous for unveiling corporate frauds and spotting overvalued companies/ conglomerates, dropped a shocker today. According to the firm, the legendary activist investor Carl Icahn is running a Ponzi scheme akin to Madoff in his $18 billion firm Icahn Enterprises (IEP). Hindenburg alleges IEP units are inflated by 75%+ as 1) IEP trades at a 218% premium to NAV, vastly higher than comparable companies. 2) They also believe that Icahn has inflated IEP’s less liquid assets significantly. Hindenburg believes that IEP will cut or eliminate its dividend entirely and has overleveraged itself in the face of sustained losses. Does this mark the end of Carl Icahn? hindenburgresearch.com