GREY:HRIVF - Post by User
Comment by
cjsellon Aug 11, 2011 8:54am
355 Views
Post# 18929969
RE: Wind at our back
RE: Wind at our backLike I said, wind at our back, but Severstal's stooges keep peeing us in the face! I do find it troubling that we have not seen Goldman buying yet. We are $175 per oz to the better and saving 50$ oz on the cost side. We will be annualized closer to .20 earnings (rolling 4 quarters) and at the current 8X spread that gives a rock bottom floor of $1.70
I keep writing Konstantine, but he never replies. Now that's not nice, and not how we play the game. Look at the fool who keeps chopping the ask to 1.20 in an effort to keep HRG contained. I have been taking that action, and you should as well. Severstal, Nord Gold, wake up, and promote HRG.
CJ
| Level ll Quote |
| Bid | | Ask |
Price
| Total Size
| # of Orders
| | Price
| Total Size
| # of Orders
|
| $1.22 | 10 | 1 | | $1.20 | 20 | 1 |
| $1.21 | 10 | 1 | | $1.27 | 1000 | 1 |
| $1.20 | 152 | 4 | | $1.30 | 102 | 5 |
| $1.18 | 280 | 2 | | $1.31 | 173 | 2 |
| $1.17 | 500 | 1 | | $1.32 | 25 | 1 |
| $1.16 | 330 | 1 | | $1.34 | 70 | 3 |
| $1.15 | 83 | 1 | | $1.35 | 130 | 4 |
| $1.14 | 330 | 1 | | $1.36 | 30 | 1 |
| $1.13 | 10 | 1 | | $1.37 | 30 | 1 |
| $1.10 | 1000 | 1 | | $1.38 | 10 | 1 |