Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

David Einhorn Can’t Catch a Break

David Einhorn can’t catch a break this year. Sprint Nextel (S) went down more than 17% so far today because of disappointing earnings number and unexpected losses in customers. Sprint lost 28 cents a share and lost 101 thousand customers. David Einhorn’s Greenlight Capital had nearly 56 Million Sprint shares at the end of first quarter. If he hadn’t changed his holdings, his loss today totals $50 Million. Here are the other hedge funds that are getting hammered by the decline in Sprint shares:

GREENLIGHT CAPITAL David Einhorn

1. Curtis Macnguyen – Ivory Capital: Lost $38 Million

2. David Slager and Nat Rothschild – Attara Capital: Lost $11 Million

3. John London And Steve Weinstein – Suttonbrook Capital: Lost $8 Million

4. Francis Chou – Chou Associates Management: Lost $5.5 Million

You can check out the entire list of hedge funds that lost a bundle on Sprint here.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...