Tuesday, October 21, 2008

Carl Icahn places a buy order for Lions Gate


Billionaire investor Carl Icahn has bought into Lions Gate Entertainment (LGF).

LGF opened gap-up this morning in NYSE trading before settling down 6 cents per share to $7.31. Lions Gate has traded as high as 10.97 per share over the past 52 weeks.

Hopefully, for our billionaire investor, LGF will do much more for him than Oliver Stone and the movie 'W' has done for Lions Gate Entertainment.


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