- Forum: AAPL Investors
Right on. Icahn's previous AAPL is standing at about $430. He needs the price to go up so he can make money (=cash out). When he does, AAPL takes a hit. If that cascades, everyone loses (except of course those who can buy at the bottom...) It's functionally stock manipulation on his part with no long term gain for investors, and less flexibility for Apple to use their capital.