‘‘Tis the season I’m always excited this time of year. And each year, I get a little more anxious, knowing that the year prior, I wasted my time and money. Last year, I was drinking beer the afternoon that SWY hit $1.35, and my beer drinking partners told me to sell some, but I didn’t sell a single share. So, it’s been a long, long summer, and an even longer decade. But, I’ve got a pretty nice position when it does go.
Same here, I’m getting crushed, but, like many of you, I believe that the market cap is at a huge discount, and I’m a subscriber to the Warren Buffet approach to buying steak when steak is on sale. Unfortunately, I bought a freezer full at much higher levels before the sale, so even with the rights and many years of averaging down, I’m still in the same boat with PGD as SWY. And it sucks.
But, I’m thinking that this is going to be an exciting season of results for us , here. I’ll have to hold swy for them to get up to speed with the breakage, but, I’m betting on RF’s words about picking some of for your pets. I’ve got a big, fat yellow Labrador with a wart on his head and the playfulness of a child.
I’m ready for us to be bought out, brothers Freidland