GREY:HRIVF - Post by User
Comment by
tracker11on Feb 07, 2011 4:53pm
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Post# 18089325
RE: severstall purpose...holddown hrg sp..
RE: severstall purpose...holddown hrg sp..Ah...I don't know about that. As much as I would like to agree, daily volumes paint another picture. Since the beginning of November, its only been a hand full of times volumes were in excess of 1 million. Otherwise it's been trades done by John Q. Public.
Severstal may have had a hand in controlling the sp but I think because of their tactics, big brokerage houses have stayed away from this one and may continue to do so. Again it goes back to trust and Russians are completely untrustworthy.
I, for one, have lost complete faith in this one and can't wait (i hope and pray) for it to get back close to the $1.39 mark that I bought in to drop kick this very far away from my portfolio.
Have waited through far too many disappointing trading weeks in the hope of this turning around when other far more junior companies have doubled and tripled in value.
Tracker