GREY:HRIVF - Post by User
Comment by
jollyoneon Nov 20, 2009 7:43pm
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Post# 16509902
RE: INVESTIN IN RUSSIA WBD ONLY!!!!
RE: INVESTIN IN RUSSIA WBD ONLY!!!!Despite Severstal's best effort to keep the sp down, HRG has gone up by more than 193% year to date, 42% since the 30cents takeover attempt just a few short months ago. If this is a mess, then it's one I can handle without any problem. With the gold price going up steadily and the stock trading at less than 2x next year's cashflow, It's one stock I am quite comfortable holding on to in the next little while, Severstal has done a fine job at cleaning up the mess for us.