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SUPERVALU Inc. Message Board

  • med_investor med_investor Jan 30, 2013 2:14 PM Flag

    So, why tender if the price is above $3.90

    Most stocks drop an average of 15% after the tender. SVU may go to $3.40 or lower after the tender.
    If you bought recently, say 100k at an average of $3.60 and you tender all your shares and assume 50% or 50 k accepted at $4 and 50% returns to you and you have to chance to get rid of remaining at $3.40 you still will make some money but with high risk.

    If your average is higher then forget it. Sell now and be happy.

 
SVU
5.03-0.610(-10.82%)Apr 29 4:03 PMEDT