Well yes that is a realistic valuation if everything goes according to plan. Triple digits is at the high end for sure. Besides the fact it is a small percentage compared to ther investments, how does your theory about berkowitz selling a piece of his pie apply to Icahn buying at a price of 4$? I understand your theory of "why would anyone including a fund manger sell any small piece if there was a realistic gain of some 4500%". But the same theory can be applied to the other side...why would someone including a large fund manager buy at a share price 200% + more than berkowitz did?
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