He Didn’t Buy NUAN to Be Bullied

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Carl Icahn announced after yesterday’s close that he’d bought close to 10% of Nuance. (Ironically, Carl Icahn strikes me as the least-nuanced human on the planet, or certainly the least genteel.) As with HLF, he has a knack lately for buying into technically-broken stocks. I’m sure the man, rich as he is, and as successful as he is, couldn’t care less about technical analysis, but I wouldn’t buy either HLF or NUAN.