David Einhorn Uses Sohn Conference Spot To Cruelly Toy With A Fracking Stock

Someone thought the Sohn Investment Conference was trying out a Bachelor rose ceremony theme this year.
Author:
Updated:
Original:

We know that Mets are off to a tough start this season, and that this reality must be weighing heavily on superfan David Einhorn...but he needn't lash out.

einhornfeatured

During his allotted time at this year's billion-dollar bull session, Einhorn decided to flirt with, and then decimate, an energy stock called Core Laboratories. D-Horns started out vague on the company that provides core analysis and other services to energy producers, leading many in the audience to think that Einhorn was about to talk up his position. But much like two years ago, Einhorn turned out to be a critic of yet another firm in the "Motherfracker" industry. By couching his thoughts in a barrage of New Yorker cartoons (he literally shared what felt like 100 New Yorker cartoons in his presentation), Einhorn kept the suspense going for awhile before wading into Core's less-than-realistic take in its own sector. And then he turned.

How whiplashed were people that misread his intentions? You tell us:

This is CLB's trading day. Can you spot where Einhorn revealed his short? Be careful, it's real fucking subtle:

Screen Shot 2017-05-08 at 4.01.35 PM

Einhorn mocked a company presentation showing that Core anticpates a "V-curve" rebound in the price of gas and then said this about the company's CEO:

"Just as Kanye loves himself, David Demshur seems to love his stock at any price."

So basically David Einhorn used New Yorker Cartoons, a stale Kanye joke and nerd stagecraft to not-at-all maybe pump and short an energy stock live at Sohn.

We are so glad we finally came this year....

[A previous version of this post mistakenly referred to the Core presentation as "internal"]

Related

Screen Shot 2018-01-02 at 3.12.30 PM

David Einhorn Shouts "I'm Still ALIVE!" Into The Freezing Darkness As 2017 Comes To A Close

Greenlight Capital's heart monitor lets out a hopeful beep at the end of a hellish year.

einhornfeatured

David Einhorn Also Unloaded Some Apple Shares

Hedge fund managers everywhere are spitting out pips.

einhorn-musk

David Einhorn Still Laboring Under Sad Misconception That Tesla Is Subject To Basic Logic

Why does he keep trying to apply financial logic to the factory of dreams?

einhornfeatured

David Einhorn Still Not-So-Patiently Waiting For Elon Musk’s Spell To Wear Off

It's been a whole week since he warned you, guys. What are you waiting for?

einhornfeatured

David Einhorn Didn’t See President Trump Coming, Made Money Last Year Anyway

Big Dave rides paddles into the Trump wave and comes out even richer.