Nothing credible from someone taking loans out to buy stock. History has shown the bad track record with predictions as well… Referencing a fallen stock while holding the other fallen stock is ridiculous and petty… Posts are to be read for entertainment purposes only…
i wasn't aware that me being legit required me to bless ackman's understanding of restructurings ... his past success with GGP was because they WERE NOT restructured.
this one is much different and i think he is just glossing this over, he has learned though to hedge with preferred. he'll be okay.. .especially since it's like a 1% position for him, if not less.