GREY:HRIVF - Post by User
Comment by
Olderwisernowon Feb 07, 2008 1:44pm
185 Views
Post# 14333399
RE: decouple?
RE: decouple?I agree. 2008 is probably the year where value starts to assert on these situations. The trick, as always with the stock market, is to accumulate where there is unrecognized value, whether that be from potential that unfolds favorably, or proven hard assets which are not fully valued. I think you have both situations here. As well, the price of gold looks set to rocket, I think sooner than later. It does not want to go down, and one might reasonably have expected a larger pull back after its moves in 2007. But no, it looks like the strong hands are accumulating. As gold moves toward the psychological $1000 range, I think alot of money moves into the likes of this stock, and the prices move up very strongly. I think HRG will move up multiples this year, even higher than I had originally expected. We have not even seen what the effect of more loose money coming is going to have on the markets. It takes about 6 months for it to start to show up. June could be something.