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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Debt Free who wrote (41109)	1/20/2011 11:04:19 AM
From: Grantcw	Respond to of 78497

Hello DebtFree, Well, as of yet, nothing. But, if I add new shares, I will probably write calls against them. For example, if we dip under 7, I will most likely buy more shares and write $7 calls in April or July as they look to have good premiums (0.80 and 1.10 on the bid respectively vs. current 7.30 SVU price). I do think this company is more risky than my other positions, but my other positions are TOT, E, DKA, CSCO, and NE, so I overall feel like my other positions are in conservative companies without a debt workdown issue like SVU. But I do feel like SVU is a value play and I'm comfortable with it in general. Thanks, Grant