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Non-Tech : Bill Wexler's Trading Cabana
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To: Bill Wexler who wrote (6294)5/3/2014 11:29:46 PM
From: Bill Wexler   of 6370
 
AVP...turned out to be a great short. Question being: now that a settlement has been reached in the bribery case, are there any additional catalysts left to knock it down further? I thought they'd get hit for a lot more. I think the relatively small penalty saved the stock from crumpling further into the single digits. Despite the fact that AVP's business is weak, I don't want to risk a management revamp and possible turnaround. Covering, taking the money and running.
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