Looks like it is.
In an amended 13D filing, Bill Ackman’s hedge fund Pershing Square Capital Management is now showing a 4.4% ownership stake in Target (TGT). This is down from their previous 7.8% ownership stake in the company. Pershing Square reduced their overall position through a combination of transactions including the sale of options and purchase of common stock. Originally, Ackman’s 7.8% stake was comprised of 3.3% in common stock and 4.5% in stock-settled call options. Now, Ackman’s reduced 4.4% stake is comprised of 3.5% worth of stock and 0.9% worth of options. They are now showing an aggregate amount of shares beneficially owned of 32,994,586.
This was our favorite come from behind tale. If Ackman drops it much further it will be a sad day indeed at the Dealbreaker offices.
(We love you, Bill! Call us!)
Bill Ackman’s Pershing Square Reduces Target (TGT) Position [Market Folly]
First!
Unfortunately, not the last.
“our favorite come from behind tale”. ha ha
[Dead fucking silence]
@3 I’m sure that was unintentional. EP is too much of a prude to knowingly write stuff like that.
Already mentioned in Opening Bell.
-Cricket too pissed off to chirp
Ackman, you pussified choade-wad. Real men don’t choke up in tears over the vicissitudes of investing in retail.
We gut it the fuck out, just like that lucky prick Eli Manning and his black swan win over the Pats. Manning bros. douches..
-E. Lampert
@7
Real men don’t get kidnapped either.
-PTJ II
@8
Real men don’t eat KFC
-S. Cohen
@8,
Real men sometimes get kidnapped by The Empire and frozen in carbon. Hey, shit happens..
The main thing is to never walk in on a wookiee while he is throttling his meat blaster….
-Han
CNBC had this yesterday
@9
Damn right, Stevie!
-Andrew Tong
Prob buying up GGWPQ. Balls deep, no jimmy.
Real men have sex dungeons and tunnels, and give their clients mega doses of X.
HNIII
@14/Henry Nichols FTW, hands down
Let Wiki decide:
Cohen began collecting art in 2000, and over the past several years has become a prominent collector, appearing on Art News magazine’s “Top 10″ list of biggest-spending art collectors around the world each year since 2002,[13] and Forbes magazine’s “Top Billionaire Art Collectors” list in 2005.[14] To date, Cohen has bought around $700 million worth of artwork [8]; in 2003, the New York Times reported that in a 5 year period, Cohen spent 20% of his income at art auctions [9]. He is reportedly building a private museum for some of his artwork on his Greenwich property [10]. In the winter of 2005 it became known that in 1999 Cohen had bought Edvard Munch’s “Madonna”. Reportedly this was for $11.5 million, a record price for any Munch painting to this date.
VS.
In 2007, a construction team sued Nicholas, alleging he had failed to pay them for a proposed underground sex cave, where he could indulge his “manic obsession with prostitutes” and “addiction to cocaine and Ecstasy.” [33] The lair, in warehouse space near his home, allegedly had “hidden doors and secret levers, an underground grotto, tunnels and a 2,000-square-foot sports bar he called “Nick’s Cafe.” [33]
SBII: The question is whether he eat any of them? Billionaires can get a little bored and crave for the finer things.
Which one of the following is not like the others?
a) a sex cave
b) hidden doors and secret levers
c) an underground grotto
d) a sports bar called “Nick’s Cafe”
If you forwent answering the question and concluded that Henry Nicholas is batshit insane, you are correct.
@18
wtf
that shit makes perfect sense to me
Anyone have first year sex-cave prostitute numbers?
Nipular erection.
I like sex. Really I do.
- Ben “d me over” Bernanke