GREY:HRIVF - Post by User
Comment by
SeekingDoubleson Aug 07, 2009 3:32pm
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Post# 16200912
RE: RE: RE: RE: BNN clip
RE: RE: RE: RE: BNN clipAgreed,
CIBC Analyst Report dated 08/04/09
titled: "HRG: Not Many Choices - Sell And Move On"
I don't know why CIBC would suggest that "Severstal could force HRG into bankruptcy" when the company is a profitable ongoing concern, actually solvent and able to meet its finanical obligations, IMO.
Regardless, the tender will fail in a very very big way and we'll see a big pop up in the share price to at least $0.50 or better (espcially after Q2 results are released)
They'll try to dilute us back down (to $0.30?) but we hold out for Q3 results... then another move up to $0.60... then more games.... and finally a respectable bid at $0.65? OR a white knight steps up...takes out the severstal...and we stay in play.... then it's all blue skies from there folks...($1-$2-$3)
Texas (Russian) Hold'em card game is in play here.... I'm...waiting for the river card