Bill Ackman - Pershing Square Holdings - Traded in Amsterdam - Very Active Buyback Activity

Nighthawk · May 10, 2020

https://live.euronext.com/en/product/equities/GG00BPFJTF46-XAMS

The "stock market hitman de jour" aka Bill Ackman seems to be very active in his own PSH (Pershing Square Holdings). No surprise, after the home run:

https://www.pershingsquareholdings.com/pershing-square-capital-management-l-p-releases-letter-to-investors/?mod=article_inline

I think the stock has some easy peasy 20-30% upside potential. Bill will keep RocknRolla!

hafez50 · May 10, 2020

Yep 2 days after he covered his $2.5 billion short and had already went long he got on tv crying hell would come if certain things weren't done. He should have been arrested on tv for stock manipulation . And people wonder why the average person thinks the mkt is manipulated and crooked . lol

Nighthawk · May 10, 2020

hafez50 said:
Yep 2 days after he covered his $2.5 billion short and had already went long he got on tv crying hell would come if certain things weren't done. He should have been arrested on tv for stock manipulation . And people wonder why the average person thinks the mkt is manipulated and crooked . lol

Well, he clarified in his Twitter account later on....

Nighthawk · May 10, 2020

On another note:

The moment Wags realized he will not pass the Chris Rock test....

hafez50 · May 10, 2020

Nighthawk said:
Well, he clarified in his Twitter account later on....

I never liked that little crybaby. I got to say i loved it when he lost $4.5 billion on that medical stock a few yrs ago and $1 bil shorting herbal life. He was on TV constantly hyping his positions to no avail . He's the poster child of whats wrong with the greed that draps our mkt

Nighthawk · May 10, 2020

hafez50 said:
I never liked that little crybaby. I got to say i loved it when he lost $4.5 billion on that medical stock a few yrs ago and $1 bil shorting herbal life. He was on TV constantly hyping his positions to no avail . He's the poster child of whats wrong with the greed that draps our mkt

Did you mention "greed"? Thanks for throwing the ball into my court:

SteveM · May 10, 2020

Ackman is one of the very few fund managers who has come out and said he is bullish.

Meanwhile, Buffet, Munger, Fink, Dimon, and Gundlach have all come out with bearish comments.

You know what that means? If the market continues higher from here, Ackman is going to take the crown as the new "guru" (Buffett/Sir John Templeton confidence-man) of our era, which means CNBC/WSJ/Barrons, etc will be salivating over his every word for the next 2 decades, especially once Buffett passes away.

hafez50 · May 10, 2020

SteveM said:
Ackman is one of the very few fund managers who has come out and said he is bullish.

Meanwhile, Buffet, Munger, Fink, Dimon, and Gundlach have all come out with bearish comments.

You know what that means? If the market continues higher from here, Ackman is going to take the crown as the new "guru" (Buffett/Sir John Templeton confidence-man) of our era, which means CNBC/WSJ/Barrons, etc will be salivating over his every word for the next 2 decades, especially once Buffett passes away.

Bingo aka Abbey Joseph Cohen and Elaine garzarelli of the 1990's And when your wrong people forget ( Aka Tom Lee who's been a raging bull the last 3 years nonstop and he brushed off the down 37% and is still bullish). The moral of the story the mkt's had 6 down yrs the last 39 years so why ever be bearish ? Stay bullish the whole time and be a hero, make millions and be happy. If the mkt crumbles so what everyone sees was wrong too. But if you get bearish and we continue higher 80% of the time like we go you'll be hated and unemployed at some time . Why ever fight the system. At some pt some pt almost all bears become reformed for survival at some pt( David Rosenberg and Michael metzs in the 1990's ) . Hell even Joe Granville the greatest permabear of all time blamed his heart attack in the 1990's on being a bear

jys78 · May 10, 2020

hafez50 said:
Bingo aka Abbey Joseph Cohen and Elaine garzarelli of the 1990's And when your wrong people forget ( Aka Tom Lee who's been a raging bull the last 3 years nonstop and he brushed off the down 37% and is still bullish). The moral of the story the mkt's had 6 down yrs the last 39 years so why ever be bearish ? Stay bullish the whole time and be a hero, make millions and be happy. If the mkt crumbles so what everyone sees was wrong too. But if you get bearish and we continue higher 80% of the time like we go you'll be hated and unemployed at some time . Why ever fight the system. At some pt some pt almost all bears become reformed for survival at some pt( David Rosenberg and Michael metzs in the 1990's ) . Hell even Joe Granville the greatest permabear of all time blamed his heart attack in the 1990's on being a bear

Seeing some of these names brings back memories!

hafez50 · May 10, 2020

I'll go back and jog everyones's memory. I started watching Fnn in 1989 . Anyone remember PQ Wall and Jerry Favors? I remember like yesterday the dow was at i believe 1600 in 1990 and favors was bearish. It was the low and as they say "the rest is history". I was loading Laidlaw ,Cisco systems,Ast research ,Cabletron ,Circuit city and US healthcare (they were a bigger hmo than United back then).