Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in eight primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate, Home Fashion and Pharma.
Did you read the Hindenburg report? Apparently funds like this usually trade at a slight discount to NAV. Estimated NAV for IEP is about 16, and it’s trading above 21. You do the math.
>You're an idiot if you continue to invest in IEP. They are clearly a failing company and you will only lose more money by doing so. Sell what you have left and cut your losses.
IEP has stabilized somewhat and still has a 35% yield. Made some decent money selling weekly $15 CSPs, but I may do a buy write while IV is still high.