Supervalue (SVU)

[iwant2barafter]

Possible could go back into $2.00's at some point (although doubt lower than $2.75. However, short term trend says making a run to $3.75-$4.00. Always a ramp up towards earnings which come in again at end of month. Then once those come in can look at good entry points. Their core business is wholesale so Amazon doesn't effect them as much at Kroger and others. Won't happen overnight, and at this valuation (less than 2x earnings) lot of room for growth and potential merger/acquisition. Definitely don't see $2 and running for exits. There are buying opportunities right now.