"Buy on the lawsuit, sell on the CNBC appearance," writes Josh Brown, riffing on the...

|By:, SA News Editor

"Buy on the lawsuit, sell on the CNBC appearance," writes Josh Brown, riffing on the Ackman/Icahn feud, not to mention David Einhorn loading up on Apple just ahead of bringing action against the company. Forget fundamentals, JCP (off 4.7% premarket) will now trade as a proxy for Pershing Square's solvency. Morgan Stanley gets a 15-yard penalty for piling on, this morning slashing its JCP estimates. HLF +18% premarket.