Icahn Enterprises LP (IEP)

[entertaininvesting]

not really, Nathan founded Hindenburg research which is a part of his tiny hedge fund where he couldn't raise capital for years since 2017.

yes, he made trading profits off of yangtze, nikola though he lost the legal case against yangtze and paid legal costs.

for IEP case, he didn't do enough research about how Carl structured his LPs - it's not Nathan's fault, it's just because he never had a chance to learn how to run a hedge fund.

one comment, do you remember 'Harry Markopolos' trying to kill GE with his short research paper? as it turned out, Harry was funded by short sellers to be on the media for couple weeks. as GE insiders kept buying out the shares, the short sellers didn't make money so harry disappeared and the media stopped covering the story. coincidence? maybe.

what's next? several short sellers covered their positions on thursday so let's see what's going to happen. given nathan doesn't have any credibility in HF worlds, i don't buy his story - he did this to make some profit. perhaps, he had a very bad last year.