This week’s market update is posted at Alpha Baskets and includes the following;
There was also odd news from the multi-year Bill Ackman/Carl Icahn feud. News hit early Friday that Icahn’s broker was looking for a buyer for some of his shares and Ackman despite being short was interested in buying some of Icahn’s stake as getting Carl out would ultimately be good for his short position, or so he said in an interview on CNBC. All of this drove the stock down 4%, then after the bell more news broke; Icahn actually increased his position. There will likely be more to the story but it struck us as immediately odd that Icahn’s broker would shop the position on the front page of the newspaper.
Please click through to read the entire update.
From a neighboring fire department.
An El Camino from a car show early in August.
A buggy from the Mint 400 last March.