Icahn Enterprises: The 22% Yield Keeps Luring In Speculators
IEPIcahn Enterprises(IEP) Seeking Alpha·2024-05-13 23:00

wildpixel/iStock via Getty Images In our last coverage of Icahn Enterprises L.P. (NASDAQ:IEP), we pointed out what was happening with the company and why the stock will likely drop sharply, relatively soon. So there are two things we can conclude from that. The first being there is no such thing as an efficient market. The second being that income investors will ride a stock to zero as long as they get "paid" (used really, really satirically here) to wait. We see IEP now poised for a sharp drop as market co ...