GREY:HRIVF - Post by User
Comment by
ThyFishon Aug 23, 2011 10:10am
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Post# 18970321
RE: RE: RE: Severstal adds another 1% (.98%) of HR
RE: RE: RE: Severstal adds another 1% (.98%) of HRBingo, as has been suspected by many posters (who were right), Severstal has been working with a third party to accumulate shares. Why don't they release who they purchased them from? I had been doubting price manipulation due to some of the posts here but now I think my doubt is gone. They IMO have been suppressing the price with trading tactics through a third party agent.....maybe CIBC??? Selling 100 shares and buying 200?
Anyways this is a joke and just remember that they are accumulating for a reason! They want our shares for a reason, do not surrender at these low prices and they will be forced to buy much higher!! Ultimately I think they will need 100% of HRG to float a successful IPO, the question is how much will we make them pay??
ThyFish