GREY:HRIVF - Post by User
Comment by
thinker1951on Apr 21, 2009 1:12pm
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Post# 15933580
RE: RE: So what is Severstal waiting for?
RE: RE: So what is Severstal waiting for?If your napkin math is good(seems reasonable) then the shares are cheap with or without any buyout offer. We cant have the cake and eat it too. You have to take the risk if you want the reward. Seems to me that the best thing that has happened to hrg in recent time is that severstal is a 53% owner of hrg. Better them with deep pockets than alone and in bankruptcy. I think Ill take a nap now too. LOL