Mayo just increased his position in Newell Brands by 300%+. What is the play? Source in post.

I am into BBBY and AMC
never said I did not like it at all ! why would I have invested in it if I did not like it !

I do not crap on folks I do sometimes call out what I see as wrong or does not matter as way to much of that happens in these subs :)

the over paranoid everything is about squeeze plays and sadly way to much bad info floating and AMC is just as bad with stuff that does not matter or relate

he also went into NYCB NOT just NWL

why is it good ?
Its has insane consumer brands that are in every house most likely and not going anywhere form sharpie to mr coffee and Ball and so many others !
BBBY sells a lot of their stuff and so does baby !
yields are what %6.1 they are maintaining that with the downturn we have had in the market and with that and the base of consumer brands its a very good play

/r/BBBY Thread Parent