price lump contributed to a two percent fall in the global supply of gold now green like capital's david einhorn once wrote in freaking piece criticizing the federal reserve's monetary policy relating to the central bank to force feeding some one too many jelly donuts in the hopes of a sugar rush now with the fed maintaining record low interest rates einhorn says quote as a result i will keep a substantial long exposure to gold which serves as a jelly donut antidote for my portfolio well it seems like the chinese market is long the antidote to fed monetary policy but with that said there are also long the don't. us. us. us. now stand on the subject of gold a lot of economists fall in flexibility of the gold standard for contributing to the debt deflation of the one nine hundred thirty s. now i recently interviewed george celdran professor of economics at the university of georgia and a senior fellow at the cato institute and i asked him what his thoughts were on the inflexibility of the gold standard specifically in relation to its contribution to debt deflation of the one nine hundred thirty s.

year, david einhorn -- >> the same kind of thing. is when theyok initiated the big dividends.his is one of the largest buyback programs ever. there is something to be said for that. >> is this the end of icahn making a stir about apple? >> i would not err on the side of him being quiet about much. for the time being, it seems to be that way but if he gets to a point where he thinks there is money to be returned, i'm sure he will go to twitter or wherever. >> he also owns less than one percent of a position. he could not actually make them do anything. he can go to twitter all he wants but he is in no position. iss will get involved and convince pension funds and mutual funds who have to vote whichever way they go by losing that vote, he lost the battle. >> he probably saw which way does vote was going to go. the same time, he was able to prod apple and why they decided to do this whether it was because of him or not, there is no doubt that carl icahn brought the issue back up to the surface. it comes up and down for apple based on the amount of cash they generate. >> thank you

separately, david einhorn building a 3% stake in take 2 ininteracttve.he news an sent the shares up. thank you, lauren. s&p futures are closing. let's go to larry shover. how are they looking, larry? >> after we rallied 6% the last nine trading days the million dollar question is where do we to from here? seems vaguely familiar, 2013, in that the pain trades continue to be going higher. it will not be easy. we'll have fits and starts. we'll be grinding higher doesn't mean we can't be and shouldn't be vigilant. there can and will be changes in the market that might change sentiment but for now the pain trade seems to be on the upside. david: larry shover. thank you very much. liz: he has been called the chuck norris of big pharma and with good reason. after turning around bausch & lomb before selling it to val ant pharmaceuticals, brent saunders, he is only 43, we hate him, completed another huge deal just months after becoming the ceo of forest labs. acts at that voice from dublin just bought forest labs. where does he and the company go here. he joins u

we did put out a call to green light capital, to david einhorn. no comment to us.his has been to painful to the shorts across the street this evening with a 30% surge in the shares. >>> the battle for your living room is heating up like never before. hbo's parent company breaking out the dirty details of the premium cable channel. and we're following all of the after-hour moves in twitter, pandora, yelp and the big news out of coke and green mountain. [ male announcer ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. you want everything.orks we're open to it. an expert ford technician knows your car's health depends on a full, complete checkup. the works. because when it comes to feeling safe behind the wheel,

. >> we're talking about david einhorn, the shorts that we know of.s have been shorting the stock. this is a stock with a huge short interest. about 38 million shares are now shorted at green mountain. stuart: as of this moment a lot of people are actually losing a lot of money, and they got to buy the stock. check the big board because this is a rally, where up 114 points now putting the dow at 15,555. all day long we've asked the question is the selling over? by the looks of it, yes, it is. i am going to use the word "stability." nicole, please show me twitter. nicole: you should say please don't. the stock is down 19%, below of the day was $15, this is the biggest selloff twitter has had since its ipo. stuart: liz macdonald, you have a big twitter follower. the market is still missing off the time. liz: i am more bullish on twitter than i have been because i see its potential for growth overseas. when you have facebook monetizing off of phones, what facebook is doing in terms of ad spending, that is the big deal. twitter is a game-changer. this is

you mentioned this morning -- david einhorn is not just a good poker player. >> he is a good investor. this is a huge grant for three years. what does this mean? >> nothing good today. he is getting squeezed as the stocks are 40%. if they come out with this thing and that is the next big growth area, that will mean growth for the stock. >> ouch. >> i reached out to him this morning and no comment. he has big investments out there. this is an extraordinary story. people have looked at them as a standalone. i'mrtnership with coke -- curious to see how many people will buy this now. >> is there an appliance saturation point? most people has -- have one kind of appliance and they have the kuerig. >> would you buy another? >> no. >> i heard yours is in the cabinet. >> it is. it is like a snoopy snow cone. julie, thank you so much. greg, you will be staying with us. we will not be discussing the snoopy snow cone, but we will talk about companies that need restructuring. twitter shares are tumbling. we will find out whether this can be turned around. ♪ >> welcome back. i am matt miller with

. >> in the d category, i'm seeing some familiar names, greenlight capital run by david einhorn, arey doing something wrong this year that you think they can fix for next year? do you think their fundamental issues with firms that are scoring in that level? >> well, one of the things is we're putting grades. it's comparative. so if you look, these are the 100 -- we've rated 47 firms. still, those are -- the top 47 firms in the world. >> but are investors upset about their returns in that regard or are they saying, bill ackman, we don't like you being out there publicly, david einhorn, we don't like what you're saying or we don't like the way you're communicating with us. look at both to have those, greenlights and perfect square. >> if you look at personal square, i think the biggest problem there is one of risk management. that was where pershing square scored poorly. bill ackman is taking large betts and concentrated betts and, you know, sticking with them. if they pan out, great. but if you look at some of the things he did, jcpenney was one where he lost money and he stuck by it

t-mobile u.s., blackberry and david einhorn, who had green light capital, takes a stake in micron technologyoros more than doubled his short position on the s&p 500. joining us now from the cme is scott shelly, senior vice president at derivatives at treen. scott, thank you so much for taking the time this morning. soros, is he making the right bet or is he the hedging his bet? >> i think maybe he's seeing a lot of the things that we're starting to see over here. we're not doing quite as well as we think we are. we haven't had any decent jobs numbers the last two times around. qe is not working. that's why we're tapering. we're not tapering because the economy is strong and can handle it. we're tapering because it's a failed economic policy. i think what we see in japan's movements overnight, we're not seeing the growth and the strength and maybe some of the inflation that we would have liked to have seen right now with all this monetary central bank policy that's been going around the globe. so i think he's starting to see the things may be stalling here. we had a great run up last year and

now most notably david einhorn.ritical of the company ever since devoting an hour-long presentation at the value investing congress more than two years ago, questioning its accounting and transparency. iron horn isn't commenting about the coke deal and it's unclear if he's still shorting the stock. back of to you, ross. have you had your coffee this morning, seema? >> i absolutely have. i can't start the day without it. >> tea, much better for you. steven, thanks for that. good to see you. >>> plenty still to come. >> twitter's earnings report as a public company is facing concerns about whether people are losing interest in the site. >> is twitter overvalued? we'll ask a fund manager, next. ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows m

what does david einhorn thing about this? he had a huge short on green mountain. >> in patti's blog, she was talking about how shorts are going to get killed from this trade. it was up as much as 55% in the after hours yesterday. there was a lot of blood on that trade happening. >> taking a look at shares of soda stream in all this, the rival is getting hit hard, as well. >> meanwhile, we're joined by the chief global economist ott did you know & brad street and lou is with us, as well. paul, i want to start with you. at the beginning of the week, no news is bad news. now it seems that markets are trading a little bit more narrowly, but we're all waiting for the jobs report on friday. how are you positioning yourself today if you're investing? >> so as we're looking at the market right now, we think a lot of the news will dissipate as we get into the second quarter. this is pretty unique for this cycle that we get these types of news events and then we get some concerns over the recovery. but then when you look at it, the rec

. >> have they not read david einhorn's notes and letters?> coke, you idiot, undo this, no, they like the distribution system and they'll blow it out internationally. the case against green mountain had to do with legacy grown mountain. this is new green mountain. >> former coke executive who runs it moving into a lot of different central distribution systems if you will, soda stream, of course, getting hit yesterday. >> darn. you just made the great point. new guy came in with a vision, obviously had this ace in the hole the whole time, the shorts continued to bleed that green mountain was what it always was going to be which is this keurig. and suddenly they've got keurig, too. and show the short case which, by the way, will be vociferous, when they get in, the stock doesn't go lower, it gets higher, i moan after. >> can we make it -- as it watches its core product certainly stagnate the rise of so many other kind of fitness related drinks? >> do i want to buy it up 30? no. but do i think the case to be made negatively is the same this morn

.-- i know david i heard -- einhorn is following the story. >> getting more money out of people. it is not enough to buy hot beverages from the machine. they want you to get the cold beverages from them and make your own soda, your own juice, what have you, through a new kind of machine. a cold machine that will be out in 2015. coca-cola will be the products available. this is huge for green mountain. they say that what makes the machine -- >> will i need a second question mark >> this is what is unclear. one analyst said the initially, it would be a second machine and eventually, you have one we'll have a hot side and a cold side. you will have both things and it will be one machine. there is a saturation point. >> both coming out of the same nozzle? a i was hoping you are not soda drinker. >> i am not a soda pop drinker. >> it is great for green mountain. >> sure. that is the unanimous approach to this. they get the coca-cola product there and it is one of the biggest brands in the world. they leave the door open for other brands on the platform. win-win situation. it is remini