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This week a number of high-profile investment managers will gather at the Ira Sohn Investment...

This week a number of high-profile investment managers will gather at the Ira Sohn Investment Conference in NYC. What to watch: 1) Shares of Lululemon (LULU -2%) are already a bit skittish as rumors up crop up that a short seller will present his or her thesis on the retailer. 2) Bill Ackman is expected to give a lift to J.C. Penney (JCP -0.9%) and back the recent moves by the company. 3) David Einhorn will have to revisit Chiptole (CMG +1.7%) after shares rose ~30% since his attempted "nosebleed valuation" takedown of the restaurant operator. Will Einhorn double-down on his short bet?
Comments (3)
  • Einhorn will present about long Apple. his biggest long position
    6 May 2013, 01:45 PM Reply Like
  • What Einhorn forgets is that CMG has a tremendous upside. McD has expanded worldwide. CMG has not even entered half of US markets. CMG also has great cash flow. I'm just surprised (and then again not surprised) that the stock has not split.
    6 May 2013, 02:23 PM Reply Like
  • the tremendous upside is fully priced in, and then some
    7 May 2013, 11:23 AM Reply Like
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