Tajuk : Here’s the David Einhorn presentation that gave a stock whiplash earlier this week
link : Here’s the David Einhorn presentation that gave a stock whiplash earlier this week
Here’s the David Einhorn presentation that gave a stock whiplash earlier this week
Reuters
Greenlight Capital founder David Einhorn at the Sohn Investment Conference in New York City, May 8th, 2017
David Einhorn, the billionaire founder of hedge fund Greenlight Capital, presented his short thesis for oil and gas services company Core Laboratories on Monday.
You can check out the full presentation, which was delivered at the Sohn Conference in New York City, below.
In sum, Einhorn argued that analysts have been getting the company’s story wrong ever since it survived an industry rout in 2008. They “falsely think it’s a secular growth story… generally immune to oil price volatility,” he said.
In contrast, Einhorn argued Core Labs is riding an international oil and gas capex cycle. Due to record low oil prices, that cycle is hitting a downturn and, as a result, Core Labs will disappoint in the coming year.
The stock fell as Einhorn spoke after an initial surge. The Sohn Conference Twitter feed mistakenly said that he was presenting a long thesis, and the market moved in that direction at first.
Until it didn’t.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2q3EC10
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk ๐ Like & ๐ Share di media sosial anda!
Reuters
Greenlight Capital founder David Einhorn at the Sohn Investment Conference in New York City, May 8th, 2017
David Einhorn, the billionaire founder of hedge fund Greenlight Capital, presented his short thesis for oil and gas services company Core Laboratories on Monday.
You can check out the full presentation, which was delivered at the Sohn Conference in New York City, below.
In sum, Einhorn argued that analysts have been getting the company’s story wrong ever since it survived an industry rout in 2008. They “falsely think it’s a secular growth story… generally immune to oil price volatility,” he said.
In contrast, Einhorn argued Core Labs is riding an international oil and gas capex cycle. Due to record low oil prices, that cycle is hitting a downturn and, as a result, Core Labs will disappoint in the coming year.
The stock fell as Einhorn spoke after an initial surge. The Sohn Conference Twitter feed mistakenly said that he was presenting a long thesis, and the market moved in that direction at first.
Until it didn’t.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2q3EC10
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk ๐ Like & ๐ Share di media sosial anda!
dengan itu Perkara Here’s the David Einhorn presentation that gave a stock whiplash earlier this week
Kini anda membaca artikel Here’s the David Einhorn presentation that gave a stock whiplash earlier this week dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/heres-david-einhorn-presentation-that.html
0 Response to "Here’s the David Einhorn presentation that gave a stock whiplash earlier this week"
Catat Ulasan