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