Hindenburg is a limited partnership business, so we may be talking about units. The most important thing to jump into is how they are valuing their illiquid assets. If you've got a whole series of holdings that are generating some form of cash flows, it's very much germane as to whether this company is worth anywhere near what it suggests it is.
What happens when a short-seller collides with an activist investor?
(00:21) Bill Barker discusses: - Target's 1st-quarter results beating expectations - CEO Brian Cornell's comments about organized (and violent) retail theft - Retail sales rising in April
(11:15) Dylan Lewis and Bill Mann discuss Hindenburg Research's report on Icahn Enterprises, raising questions about the conglomerate's accounting practices and its dividend.
Companies discussed: TGT, HD, IEP
Host: Chris Hill Guests: Bill Barker, Dylan Lewis, Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd
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