Message Font: Serif | Sans-Serif
No. of Recommendations: 0
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.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.