Spectrum Brands Holdings Inc (SPB)

[bman007]

AGREED!!! They could have bought us out at .10 a share and it would have cost them $5 million!!!! They will spend that much on lawyers fighting pissed off commons. Remember, well over 50% of commons owned by large institutional buyers. Boy, that's a group you want to piss off and have them black ball the new common shares!! Or they could have diluted us and still worked their way out of BK.

Nope, this is a ego-driven CEO who likes to get quotes in the Atlanta Journal about racing his muscle car on the rich's boys race track!!! He is there to protect himself and his HUGE year-end bonus. He is also protecting the LBO boys and for that, they keep him.

Remember, HUSSEY was the CFO and helped get Spectrum into this leveraged mess!! He should be run out of Atlanta!!!!

So, I'm guessing there will be objections and maybe even negative HUSSEY story in Journal (wink wink) and then we spike up. I'd say we'll test .04 again next week. : )