Wed, Jul 23, 2014, 7:40 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

SUPERVALU Inc. Message Board

  • sellthenewsbuytherumor sellthenewsbuytherumor Oct 12, 2011 2:44 PM Flag

    strong sector today

    The grocery sector is outperforming the overall market today. SWY's earnings release tomorrow will surprise to the upside giving the sector another nice sympathy bounce!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • as long as same store sales are close to last year's same store sales. The overall consumer has scaled back due to much uncertainty. In light of this, not much has really changed in terms of business as usual in this country in terms of groceries and most of these companies' balance sheets. What happened was, GREECE and most of EUROPE caused oversold conditions and panic which in turn caused more panic and most of the prices of US stocks in my opinion were priced in for another recession back in August and then a bottom may have been confirmed just a week or so ago. Remember, SVU traded up to $11.75 or so after the last quarter earnings. What in god's name has warranted a stock price of $6.30 will never make sense to me. If you didnt buy under $7 or under $6.75, sucks for you or anyone else out there while this beauty yields 5% for me. Yes, SVU, like most grocery stores far and wide have their challenges, but come on, they dont have to constantly come up with new products to sell every 6months to keep the sheep in line, they sell food, both sheep and wolves need to eat, sometimes the sheep get eaten. The sheep allowed for stocks to tumble, f you didnt get in back in august or a couple weeks ago, dont blame me or the company, blame yourselves. This market was manipulated like i have never seen before and it will continue. SVU in my mind will come close to earnings estimates, if they fall short i will be a little surprised, if they beat, i wont be, i will be elated. SVU has roughly 20-25% of its shares shorted, it will be a fun couple of weeks coming up.
      SVU to $8+ next week assuming the S&P doesnt fall another 5-10%
      SVU to $9-$10 post earnings

 
SVU
8.88-0.01(-0.11%)Jul 23 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.