Originally Posted by Dashbro

This is absolutely nothing like TWA, Icahn took TWA private so he was able to do anything he wanted with it, at 10% he can only nudge the BOD in certain directions and they can still tell him to go pound sand.

I keep hearing people talk about selling off assets, how in the love of God is that going to move the share price in any meaningful direction? Sell some slots; what 5% gain? Sell whatever assets, another 5% in the VERY short term if it does anything at all.

These people don’t get out of bed unless they can get 100%-400% returns relatively quickly. Carl Icahn, but most likely his son (Brett or something) have an idea, and it’s always something big. More than likely it’s an M&A or some sort of spin off play because that’s been their main MO for the last 30 years.

This is not all doom and gloom, a majority of companies that he invested in come out stronger in the end and are still around to this day.