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David Einhorn’s Stock Recommendation from Ira Sohn

Everybody was expecting David Einhorn to reveal his short position in Herbalife but Einhorn surprised investors. David Einhorn recommended shorting Martin Marietta (MLM) at the Ira Sohn Investment Conference. This is a stock with a PE ratio close to 60. It looks like this stock’s fate will be similar to Green Mountain’s fate. It is down 10%. Check out the stock’s chart minutes later:

David Einhorn Greenlight Capital

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