GREY:HRIVF - Post by User
Comment by
traxbywebon Jan 09, 2009 8:57am
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Post# 15693346
RE: Who Holds HRG?
RE: Who Holds HRG?Thanks for the info. Obviously a lot of funds held/hold? this stock. Due to its enormous and quick decline and subsequent required removal from index funds because the stock is no longer allowed to be part of many indexes I am hoping this is the reason for the large and continues sells.
I still think as per what there recent news release indicated that further funding is to be worked out by Jan 31 is the main reason for the trading pattern.
Question: If you had a pile of shares of a stock and you were looking to buy 10 times the amount you hold and the price you will have to pay for that stock is based on lets say on the 30 day average closing price before you close the financing, what would you do? What could you do?