Replies to post #10 on Newell Brands Inc (NWL)

[Porgie Tirebiter]

I'm going to take a little nibble here. Just picked up long dated 15 calls.

I'm buying in to the theory that guidance has been lowered to give the new CEO a clean slate. I'm guessing the board will make it's move pretty soon. Hoping for a pop on that news, as the CEO question has been dragging this down for months now.

I'm calculating NWL trading at around 8 times 2012 earnings with todaay's drop in price. This puppy dog is cheap.