GREY:HRIVF - Post by User
Post by
Honkeybillon Oct 13, 2009 3:24pm
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Post# 16384101
they must be sweating
they must be sweatingDGC at 16 bucks and HRG's other holding also rising rapidly.........POG staying in the 1060 range until the next leg up (into the 1230-1250 area).
This must be driving Severstaal nuts...........add a vocal, active and knowledgeable minority shareholder group..........their skill at keeping the sp down is actually impressive but..............it looks as though time will run out on them.
They can"t make another offer for the rest of the shares until January (HRG will be well over a buck by then, imho) and won't have that kind of cash to make that offer then.
The risk gets less and less each day, I think, and it's almost fun watching this unfold.
With around 230+ million shares outside of what Severstaal holds and daily volume rarely approaching even half a percent of that.......it's pretty obvious that those of us left are staying until party is over and the lights go on.