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pittsburgh jamie

pittsburgh jamie
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  • Supervalu: A Comeback You Don't Want To Miss [View article]
    Buy SVU stock, get a free unicorn, rainbow, and happy thoughts!

    I believe the company will hang on and survive and the stock may go back up, but it will be through some pain and suffering and possibly a couple years. SVU was screwed the moment they bought Albertson's and took on a titanic amount of debt. The bright spots of their independent customers and save-a--lot are not enough to make this a "must own" stock. It is a stock that may reward the stout hearted turnaround investor, but I wouldn't bet my life savings on it. Tread carefully!
    Jul 25 03:46 PM | 1 Like Like |Link to Comment
  • Long Play Of The Day: Supervalu [View article]
    BeeCalk,

    In regards to the supervalu corporate stores, I generally agree with your comments. Interestingly enough, some of the independent stores they supply are quietly having pretty good growth of 5 percent or more. They have too much debt, but are ahead of schedule on repayment. I'm getting in around $5, getting the dividend at the end of the month and hoping for a short term pop.
    May 14 03:52 AM | Likes Like |Link to Comment
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