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


To: Brian Sullivan who wrote (48709)7/11/2012 7:27:59 PM
From: KyrosL  Respond to of 78464
 
I sold SVU after hours too. For a while it was trading above its closing, even after they announced their pretty bad earnings. I guess there are lots of nervous shorts. But I think this strategic review will probably not come to anything good.

There are always possibilities, like their real estate, and their many brands, some of which have value. But in the current climate, I don't want to wait.



To: Brian Sullivan who wrote (48709)7/12/2012 11:38:06 AM
From: Dennis 3  Read Replies (2) | Respond to of 78464
 
Not a good quarter and outlook no better.

Lessons Learned: When a business in a competitive industry and low margins begins to cut prices be wary. It usually mean a fall in profits. I totally missed this one.

FWIW, I haven't sold yet.