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› An Investor Shorts Mattel and the Hedge Fund Industry is Underweight; Should You Follow Them?
An Investor Shorts Mattel and the Hedge Fund Industry is Underweight; Should You Follow Them?
2015-10-02 18:40:51| Toys - Topix.net
If you are at the helm of the toy maker Mattel, Inc. , business might seem tough, but it just got a bit tougher after a 'short pitch' at the Sohn Canada Investment Conference 2015 by David Zorub from BlueMountain Capital , managed by Andrew Feldstein and Stephen Siderow . According to the analyst only a launch of a new key product can save the company from a decline as even activist investors are unlikely to touch the business given its lack of growth potential or a sizable generation of free cash flow.
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Category:Consumer Goods and Services