Today, Fool.com analysts Isaac Pino and Blake Bos review the huge news surrounding the surge in SUPERVALU's shares.
Isaac and Blake attribute the pop to news that Cerberus is looking at SUPERVALU as a leveraged buyout target. The favorable rumors, coupled with the huge short-interest here, makes for a quintessential short squeeze.
While this may have finally been the good news that SUPERVALU shareholders were waiting for, Blake suggests they take the money and run. Hanging on to shares at this point is still a dicey proposition and far from a guaranteed success.
