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Safeway Inc. Message Board

  • cy_or_die cy_or_die Aug 5, 2013 10:39 PM Flag

    Time for a short reaming I would say.....

    SWY is fine, they are trying to get the longs to sell. I am holding or $30.

    Sentiment: Buy

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    • Question...Why wuld Hussman up his stake and purchase 1.2 Million shares, if he thought the stock was not going higher?! Answer.., he wouldn't. John Hussman made his largest increase of the quarter in Safeway. The guru upped his position in Safeway 40283.3% by purchasing 1,208,500 shares. He bought these shares at an average price of $24.40 per share, and now the stock is trading up approximately 5.1% from Hussman’s average purchase price.

      Hussman now holds on to a total of 1,211,500 shares of Safeway, representing 0.51% of the company’s shares outstanding and 1.3% of his total portfolio. Hussman’s holding history of Safeway Too bad Shorties

      Sentiment: Strong Buy