GREY:HRIVF - Post by User
Post by
prouditalianon Dec 02, 2009 6:06pm
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Post# 16547506
Severstal Gold
Severstal GoldNow we know what their gold IPO will be called, as per the insider filings. As Metalmaniak said, its pretty clear whats going to happen here. I agree that we shall see a bid soon, and probably a pretty good one as they dont want to do what they did last time and keep increasing.
Anything less than a buck for them is a steal and they will be able to sell their IPO 3X more expensive if not more, so time is valuable money for them. I picked up my last 50k shares today. Looking forward to the bid.
Sucks for the guys taht have costs above 1 and even 2 bucks, but you can blame Whalen and Mosher for that. They were the scum of teh earth or how they spent all that money on the asset they tried to steal.
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