Spectrum Brands Holdings Inc (SPB)

[bman007]

I agree!!! Someone or someones have been pushing this down for a long time. As it turns out, it is easier to manipulate a stock down, (than up) so hedge funds etc play this game. The SEC looks the other way because all their friends are making money doing this!! LOL Well SEC gonna get tougher after Madoff IMO.

That being said, all the bad news on Spectrum is already out. We are way way way oversold. Our market cap at .08 is $4.1 million for a company with over a billion in sales!!! Yes there is significant debt but the CEO said the company has plenty of cash flow to weather the storm. And no matter what other posters or Wikepedia says, for those that have operated businesses with debt, you know the importance of adequate cash flow!! Many companies are bought JUST FOR THEIR HUGE CASH FLOW!!

So given no good news and we still are oversold and should have a bounce off of .08. We get any good news and this is a multi-bagger pure and simple. Just have to wait and not panic IMO. : )