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SUPERVALU Inc. Message Board

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  • mnymkr4u mnymkr4u Jan 12, 2011 1:22 PM Flag

    what does Buffett say?

    Go back to my post last week... called this. Again, this management team is inadequate, has no credibility, makes poor decisions (ie Janal to head of Merch)... they have no strategy, plan and are talent poor to execute. I think you need to look at the fundamentals of the business- they could deteriate very quickly in a cash basis. The business model could make for a very accelerated deteriation. Again, as I asked where is the board?? They need to challenge Herkert for a plan, and not window dressing, buzz, and knee jerk responses. I am not buying again until I hear this- they have killed +$3B in market cap/shareholder value. Enough is enough.

    Hopefully they latest results will stop the "pumping chatter"...

4.83+0.27(+5.92%)Sep 29 4:02 PMEDT