GREY:HRIVF - Post by User
Post by
Honkeybillon Aug 25, 2010 12:09pm
561 Views
Post# 17381952
I love profit
I love profit I love profit....don't get me wrong......but with all the variables regarding the potential value of HRG I think you would be crazy to sell at this point.
By the end of Q3 we will have little or no debt. Our DGC shares should be worth about $ 100 million and will be freed up.....it looks like the POG will stay above 1200 US (if not breaking 1300) and MOST OF ALL........Severstall needs the value of HRG to be much higher the make their plans for an IPO worthwhile.
When Severstaal needs HRG to move up sharply....it will....and I can see them wanting it to make a big move before the end of the year.
I've been holding since 11 cents and have been tempted to sell any times.......I never had the balls to move in and out because I understand that Severstaal really does control the SP and I didn't want to be caught out when they decided it was time to move things up.
In my opinion..........this is an easy double in the next 3-4 months.......and possibly a triple. The longtime holders know this, that's why most of us have been so quiet.