Newell Brands, $NWL, has over $3B to spend on shares repurchases by the end of next year. The more the share price falls, the more valuable the company becomes.
Dear Mr. Market, Thanks for being stupid. Though I could be the stupid one. We'll see. Owen
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Lost 160k on it. I thought it was a safe play. My 350k is now 190k.
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Lol, and Icahn is in the same boat as you. "The big money isn't in the buying and the selling, it's in the waiting." - Charlie Munger I hope you did your own homework on this play, because you probably wouldn't be as worried otherwise.
End of conversation
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