GREY:HRIVF - Post by User
Comment by
Olderwisernowon Dec 04, 2008 9:54am
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RE: RE: SCENERIOS
RE: RE: SCENERIOSI agree with your outlook. Patience is in order here. The day trades will happen, but without any news, or a major move in the metals, or a complete further downward crash in all the markets, it will be range bound. However, the bias should be to the upside over time.IMO Once there is an actual indication of whatever path this is going down, or attempted to be going down, the price should move up as well.IMO I mean the only sellers of substance here would have to be folks who need cash, or have margin calls or some other pressing need. Tax loss selling will be somewhat muted this year, as there are losses everywhere, but with what upside might be a question for those selling for that reason when making their choices of which losers to sell. Here we are looking at a great chance at a double or more.IMO I am happy to wait it out. And I do agree with you that acquiring 90% here at these low prices is HIGHLY doubtful.IMO At some point they either bid what is viewed as a reasonable price or just run and manage it, on a plan presented later, as you mention.