Michael: Icahn's $240 Apple Claim "Speculative"

Michael: Icahn's $240 Apple Claim "Speculative" Apple is trading in the $130 range. But activist investor Carl Icahn recently declared the shares were worth $240. He's basing that on two very big assumptions – big even for Icahn. Now, Michael is a huge Apple fan, but he believes Icahn pulled the number out of thin air…   To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Michael: Icahn's $240 Apple Claim "Speculative" appeared first on Money Morning - We Make Investing Profitable .