4 Stocks Under $5 Making Big Moves
06.01.12 | 01:48 PM
WINDERMERE, Fla. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percent...
Pershing's Potential Pick
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William Ackman, director of Pershing Square Capital Management, plans to rattle Wall St. yet again by investing $2 billion in one anonymous, iconic American company.The $2 billion fund will be used to purchase a controlling position in a $30 billion-to-$40 billion market capitalization company. While the name of the company was not exposed a key clue was revealed; according to Ackman the company has three divisions. One division has “to have its value unlocked,†one division is to be sold and one division “is misunderstood.â€
The $2 billion fund is not the first bold move in Ackman's career, though it may prove to be the most daring. Recently his $1.7 billion fund has taken on, and conquered, some of the most famous brand names on earth:
- Successfully forced McDonalds to buy back $1 billion in stock.
- Pressured Wendy’s to spin off the Tim Hortons donut chain.
- Launched Pershing Square in 2003 after previous firm, Gotham Capital was shut down due to lawsuits and questions over its research
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4 Stocks Under $10 Soaring in a Weak Tape
06.01.12 | 01:40 PM
WINDERMERE, Fla. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percent...
Recent Answers
They are going to have to do a split in the (TBT) soon. Simply the absolute BEST short the last years.......lol Down every single day......
1 Answers
05.31.12 | 03:51 PM asked by Steven L. Goff
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