$IEP gets Green Dot & positive on MACD This is Carl Icahn's 90% owned holding company. Q3 this qtr
$IEP closed sale of
#PepBoys for $700M est $600M GAAP gain. READ 8/5/26 Icahn's comments Q2. Paid $1.2B
#PepBoys but kept all real estate previously transfer Feb 2026 to
$IEP $900M, kept AAMCO & other sweet assets est low $200M so net cost $100K sold (was 1.2 - .9 - .2) Adj cost was $100K Sale Price $700M that is est GAAP gain of $600M tax free because they have deferred tax assets.
GAAP distorts real value via Conservative Principle LCM. In fact, Carl Icahn states this clearly in shareholder meeting 8/5. He specially referencing $CVI CVR Energy which
$IEP accumulating 71% of this Refinery. GAAP & massive, short float 35% sets
$IEP as buy IMO. Shareholders get paid $2/shr dividend 26% ROI to wait. Like Warren Buffett Carl Icahn in his 90s so its time to cash out so many valuable assets. Final note 90% Sales are Energy/Auto. The rest is static.