Just about when everyone is completely frustrated. Just when YOU sell and THEY buy. Just when you can't stand it anymore-when no one is expecting it, SVU will have a massive unexpected move up..
When? only the wind knows, but it will be unexpected.
The stocks where you can make the very most money are the ones like SVU, good business and negative sentiment.
Like when i bought WYNN 3 years ago at 20 n change you would hear folks on the message board who were short saying stuff like""you can shoot a cannon thru wynn casino-completely empty""
or last oct i bought PULTE when it was 4.6 and folks would say ""pulte is dead ready for bk no one is buying homes""
Now with SVU you hear tyhe noise of the shorts ""Stores are empty, dairy smells foul produce is rotting etc etc""
This is all noise.
Many public shorts hopping on the train right about now lookin for easy money-and there is none on wall street.
SVU will be well north of 12 in 6-12 months if not sooner, sure might breach 5 might not-maybe a buyout by a hedge fund or another grocer- no one is dumb and everyone knows it is undervalued.
The change in direction will come, but it will be unexpected catching everyone off guard..........
So much noise..We have so much to worry about-lets look at the shorts list for today
Lest we forget the Foul smelling dairy, rotting seafood, dirty stores, no customers, competition etc etc.
please folks help me to add to the list...Asteroid attacks, food shortages, Bank runs, striking cows, no more fish-please help me add to the list-i know there are so many scary reasons to sell-mama i'm so scared by these shorts...............
Morgan Stanley was the Sherri Smith presentation last month.....
Must not have impressed. Have the same position +10k @ $10+..
$35 Billion in sales for $8 Billion has + $1 billion cash flow/yr. Figure???
I agree with your overall thesis on rumors via short sellers, and their paid pumpers to scare.
My biggest concern and I am long 39k shares at 7.20 is that all of the analysts are now coming our with price targets of 5.00 (JP Morgan this morning the latest) when earnings are beat and guidance raised for 2013.
Is there something we are missing as retail investors that the large firms know. There has to be something, and it is very concerning when I have this much money in the stock
Thoughts and in depth analysis appreciated based on factual information
I hope you are right, that has been my sentiment as well. Although my view may be somewhat skewed since I am long 39k shares with an average price of 7.20. I am losing my a..
Looking for that turn in the tide very soon, PLEASE.........