GREY:HRIVF - Post by User
Post by
Power1on Aug 31, 2009 9:06am
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Post# 16263421
Surprise Surprise
Surprise Surprise
Guess I pulled the pin too soon but nice to see HRG survived to see .35 Not too disappointed though as almost everything good has shown green.
Just a couple of thoughts to share:
Write down on q2 not material IMO. In fact, it makes sense from an accounting perspective.
It's always been about the cash flow. If HRG can see it's way through debt repayment it's off to the races.... The caveat is the Management factor which I'm sure everyone agrees is the biggest over hang.
This stock has been a soap opera and one that I still tune in too. Don't think I'll direct any dollars here due to the uncertanties of Management and underlying motives.
SUre will be interesting to see where it goes from here. Good luck