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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 8:37 PM
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yeah, what SubGuy said.

I think you may end up with less than zero, since you bought on margin. If it were such a sure thing, it'd be flying a lot higher. Plenty of people plenty smarter than us are ready to watch it go...mostly because of the debt. Part of the bull case is that Supervalu owns much real estate, but the old Sears/Kmart bankruptcy informs us as to what that's really worth...and what does SVU really own if they owe 6B?

Take your money off the table. Or don't, because you might be right. Lord knows I don't know. But I have been burned plenty and I never buy on margin; I hope you never find out why.

Best to you. Keep us posted on how it's going. I'm cheering for you.

-Randy
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