Spectrum Brands Holdings Inc (SPB)

[bman007]

Sounds like a great idea!!! The last letter from the CEO said he was baffled by pps and that they had more than enough cash flow. In fact, he sounded very confident that current sales revenue would be fine and that debt restructure would get them really going. I think going off NYSE required some institutions to sell and greedy MMs took advantage of that need.

But yeah market cap of under $40 million for company with over a billion in sales of recognizable name products? Seems even with the debt, somebody might want this company!!! Like I said, any good news and multi-bagger. Just have to weather the manipulation in the short term. But the shorter that term is the better IMO!!!!!!!!! LOL