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SUPERVALU Inc. Message Board

  • ducttapesolder ducttapesolder May 20, 2013 1:38 PM Flag

    Make the SVU Case Please

    Hi, I've been very casually following SVU as it dropped down into the $1.80 range and as it's been climbing out of the hole. Can someone give me a quick case as to why they think the price is in the high $6s today and if there is good cause to think it will continue upwards to where it was several years ago? Or is this rise short lived before more troubles beset the company? I ask because it's climb in recent weeks has been quite dramatic and so I have to question if this is real or something baked into the stock price so that shorts can rush in and make a few quick bucks.,Honest and thoughtful answers please. No pumping or dumping. Just the facts as you see them would be greatly appreciated.

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SVU
4.67+0.06(+1.30%)May 6 4:02 PMEDT