Icahn & AAPL & Twitter, Oh My!
Posted on: Tuesday, August 13th, 2013
We have recently migrated into the new millenium by launching a Twitter account.
Our tweets from today:
7:20 AM CT: AAPL taking another run at critical resistance at $470. Major inflection point.http://bit.ly/12VFrDa
9:48 AM CT:
#AAPL now trading through $470 resistance and at its highest level since Feb 12th. http://bit.ly/12VFrDa
10:54 AM CT: Premium: Influential
#AAPL At Major Decision Point http://bit.ly/18shzf7
At the time of our first AAPL-related tweet, AAPL was trading at $471 per share
Carl Icahn’s tweets from today:
12:21 PM CT: We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.
12:25 PM CT: Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly.
As we write this, AAPL is trading at $488 per share.
Aside from the fact that this is a great way to launch our new Twitter account, this is a textbook example of how price movement often leads the news.
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