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Author: leaderoftheback Three stars, 500 posts CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 151  
Subject: Re: Holy Smoke!!! Date: 10/25/2012 8:53 PM
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by the way, did the guru tell you to sell on June 4? Or was it still "a buy?"

Some minor editing of your explanation puts you in a very deep hole (had you not taken the loss and re-bought). It begs the question: how good is this guru's advice? If I take guru's advice now, I could win big. If I took it at $14, I lost my hinder for good.

Depending on how you figger, he's half right maybe. That would not make me feel better if I'd ridden it from $14 to 3...especially since Cerberus might ride in and pay $3-4.50 for it; a handsome profit for you, but it's no guarantee.

Not many will take on 6B debt when there is little cash and little cash flow. It's not like they can saddle SVU with debt and take special dividends...no room in that debt saddle already...little leverage in a leveraged buyout.

and for clarity- your current position has an unrealized gain of 9G?

-R
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