GREY:HRIVF - Post by User
Comment by
espressostrettoon Feb 24, 2011 12:52pm
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Post# 18187851
RE: RE: Severstal has lost a billion. Losers
RE: RE: Severstal has lost a billion. LosersNot certain, but it could be Severstal has lost nothing on paper. As a controlling shareholder changes in market value of HRG shares probably don't affect Severstal--it is probably reflected at book value (marked to net asset value per share on actual financial statements) per equity method. Don't quote me on that--the feeling of increasing sickness with HRG activity past month may be affecting my mental capacity--this is hazardous to my health! Just demoralizing...