RE: Morgan Stanley buying huge. For who?They can buy all they want, but I think it would be incredibly dumb for investors to sell this now at a low price. We are in the middle of an historic meltdown. We have not even begun to see the kind of movements possible in gold and silver. Remember I mentioned some time ago that 50+ dollar days were coming, they are now here, think 100+ days are not possible soon? Has the real panic EVEN BEGUN? That is a question to ponder. Are we being lulled into false hope by rescue plans UNTHINKABLE just weeks ago??? There simply is no way the US with HUGE debts, poor balance of trade, no savings in households, all depending upon CONSUMPTION is going to get out of this with a strong currency. Face it. It looks like a depression or lots of inflation caused by printing trillions of dollars, without a reasonable chance of EVER righting the ship.IMO Gold and silver will probably rocket and there might well be a run into these stocks the likes of which you simply will not believe.IMO ?That is the real opportunity which now exists. Anyone saying it can't roll out like this is just purely stupid. Not that it must, or will, but the odds, well just look into those eyes of the rescue planners, listen carefully to the guarded tones of talkers on tout TV and elsewhere, and you will soon see that this is the real thing, and its big, and its not going away ANY TIME SOON.
To sell now for peanuts is a JOKE.IMO Remember, look at what you have seen take place, and consider carefully that it may happen here, just as many of us have predicted,($1500+ gold and $100+ silver) in which case HRG and others will go up SO FAST it will be as unbelievable to many as when their beloved "great financials" crashed, just as some were buying them on tout TV advice, being told they had reached the bottom. Step back and think about this carefully. The past mistakes are what brought us to ridiculous levels, even considering the general sector decline. HRG is worth WAY more than the current price, so let the index situation play out, let Morgan buy all they like from fools parting with a seriously undervalued stock. But if you are willing to sell for peanuts on any bid, I see this as not smart at all.IMO
That is my perspective.Remember again, WHY many were buying just a short time ago for 4 and five times the price, and now they think they might like to sell at less than half that, with more potential for upside moves in gold and silver than they have EVER had coming into play. Go figure the logic. Oh I forgot, when panics occur there is NO LOGIC!
Potential here is 10 times the price and more.IMO It is that simple. Downside, little!IMO
IE You get good upside or fantastic upside.imo