Buy High, Sell Low

It was great to discover that I wasn’t the only person who wondered what happened at Supervalu [“Superdeval-ued,” November]. My mother (retired, living on a fixed income) owned 400 shares of Supervalu and she was thinking about selling them. I researched the stock and recommended holding the shares, because the stock had good ratings and with the stock market and the economy not doing so well, I figured a grocery store stock would do well, after all, people have to keep buying groceries. Then the stock tanked. I tried to talk my mother into hanging onto the shares until the price came back up but she sold at the very rock bottom. Of course, my mother and my siblings blame me for all the money my mother lost. It’s great to have your article to show them. Also, I was completely unaware of the class action lawsuits. I hope my mother can still get in on the lawsuits, just in case anything comes from that.

Rick Cheney