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  • Imperial Sugar's Turnaround Makes Slow Progress [View article]
    I don't even know where to start. First, I don't know if I could ethically invest in a company that has this accident record. Second, its history of bankruptcy doesn't make me feel comfortable. I'm not a classic value investor by philosophy, but if I were I would stay far, far away from this stock. There's a good set of reasons for its current price.

    Couldn't this company be sued into oblivion based upon the Savannah fire and the resulting legal action? What you state above regarding the specialized equipment to reduce dust almost sounds like an admission of inadequate safety standards in the previous plant.

    In this market, when nearly every stock is beaten down, is it really necessary to invest in a stock like this? On a percentage basis it's down less than GE from its highs. Why would I risk my money or my conscience with this choice? It's madness.
    Nov 10 10:54 am |Rating: 0 0
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