@BillAckman@HindenburgRes A $5.58 billion decrease in the value of Icahn's IEP margin loan collateral in a month. I'm sure Morgan Stanley Private Bank is sweating this right now, which is evidently who underwrote Icahn's margin loans based on this UCC-1 financing statement filed in Florida.
@HedgeyeRetail $PLCE was a clear short ahead of earnings. Its business model is failing and website traffic was down. Wouldn't be surprised if this ends up in bankruptcy like Foot Locker within the next two years.