Author Topic: Carl Icahn unloaded millions in steel-related stock days before Trump tariff  (Read 1237 times)

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Offline ABX

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Interesting timing. I wonder how he found out ahead of time?

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As the saying goes, timing is everything.
Investor and former regulatory advisor Carl Icahn dumped $31.1 million of stock in a Wisconsin company that relies heavily on steel to make its products last week, days before President Donald Trump said he'd impose stiff tariffs on steel imports.....

https://www.cbsnews.com/news/icahn-sold-millions-in-steel-related-stock-days-before-trump-tariff/






Offline GrouchoTex

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Hmmmmmmmm.....

Offline endicom

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And what didn't he sell?

Anyone else click on the stock symbol to see this? - https://markets.cbsnews.com/mtw/quote/
« Last Edit: March 02, 2018, 10:31:23 pm by endicom »

Offline Cyber Liberty

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Hey, the Dow's been dropping like a rock the past month.  That's lotsa people selling off.  Are Trump and Icahn buddies?
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Offline endicom

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Hey, the Dow's been dropping like a rock the past month.

Yes.

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That's lotsa people selling off.

Yes.

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Are Trump and Icahn buddies?

Yes.


$31.1 million is not a big deal for Icahn and the stock price hasn't dropped by much. This is a nadaburger, IMO.


Offline Cyber Liberty

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That about sizes it up..
For unvaccinated, we are looking at a winter of severe illness and death — if you’re unvaccinated — for themselves, their families, and the hospitals they’ll soon overwhelm. Sloe Joe Biteme 12/16
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed:

Offline mystery-ak

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Offline endicom

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I see another Special Prosecutor in the future


If you allude to Mueller then it should be said that he is special counsel and not special prosecutor.


Offline Suppressed

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$31.1 million is not a big deal for Icahn and the stock price hasn't dropped by much. This is a nadaburger, IMO.

LOL...It's fallen by 10% just since Trump's announcement.

He dumped this at $32.47 to $34.31, and it's now at $26.93.

It might be an innocent move, but don't pretend a few day change of 10% is nothing or that he didn't get out nicely before Donnie slumped the manufacturing sector.
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Offline XenaLee

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Yes.

Yes.

Yes.


$31.1 million is not a big deal for Icahn and the stock price hasn't dropped by much. This is a nadaburger, IMO.

And.... apparently.... insider trading is a nadaburger to the Swamp Dwellers.  Illegal for anyone else, of course... but the DC gators are "special creatures" dontcha know.
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Offline Suppressed

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And.... apparently.... insider trading is a nadaburger to the Swamp Dwellers.  Illegal for anyone else, of course... but the DC gators are "special creatures" dontcha know.

Trump fans LOVE the DC Swamp!
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“In the outside world, I'm a simple geologist. But in here .... I am Falcor, Defender of the Alliance” --Randy Marsh

“The most effectual means of being secure against pain is to retire within ourselves, and to suffice for our own happiness.” -- Thomas Jefferson

“He's so dumb he thinks a Mexican border pays rent.” --Foghorn Leghorn