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SUPERVALU Inc. Message Board

  • daveparker0808 daveparker0808 Jan 15, 2014 11:50 AM Flag

    Short presence has continued to decline from Dec. of 2012 to date.

    It has continually declided month to month and is now at about 1/3 of what it was at the low or there abouts. Always encouraging when you see the doubters fade as the stock moves up versus coming in heavier. I don't know what the actual value of the company is, but after being about halfed by selling off assets and reducing debt, it seems that a stock price of $12-$15 a year from now would be resonable given the costs innitiatives that have started to take hold and potential reinstatement of the dividend, which will bring the old-timers back in for the income stream and a company they know and trust. Being over $5/share also is important to allow money managers to add us to their portfolios now that we are out of the penny stock category. I am a buyer here to see where the next few years go. Nice to see insiders buying in the $6.70 range as well.

    Sentiment: Strong Buy

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    • I don't know about the reinstated dividend part as I think that SVU needs to stay focused on serving their customers, growing top line (and ID sales) and as a result, their bottom line profit by investing everything that they can into the business but otherwise, I agree with your post.

4.16-0.09(-2.12%)Feb 8 4:02 PMEST