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


To: E_K_S who wrote (42640)5/13/2011 4:58:30 PM
From: Grantcw  Respond to of 78594
 
Yes, good question on why there was a change at CEO of Save-a-lot. That being said, I do believe that Save-A-Lot is going to be SVU's bread and butter going forward. I think they're only opening new Save-A-Lots this year and none of their legacy brands.

Interesting move, regardless, to your point.

Thank you,

Grant



To: E_K_S who wrote (42640)7/26/2011 3:26:23 PM
From: Grantcw  Respond to of 78594
 
SVU - Earnings today looked pretty good. My average price is around 8.5 on this one, I sold 1/3 of my shares over 10 and was considering adding that 1/3 back earlier this week with a covered call, but all of this debt mess spooked me out and is having me hold cash on some level.

Anyways, I think SVU is still executing its business plan, paying off debt, etc... Still looks undervalued to me and I will consider buying in the 8's if we get back down there.

Thanks,

Grant