GREY:HRIVF - Post by User
Comment by
metalmaniakon Nov 22, 2009 1:21am
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Post# 16511519
RE: RE: RE: totally correct
RE: RE: RE: totally correcttook 100k in profits Friday in DGC, and am planning to buy 150k-200k shares of HRG in the coming weeks. I can understand the complaints but have NO sympathy for those complaining that are in from .10-.20. Charlwood has been a huge contributor but am wondering why he doesnt buy more shares here if he believes we are undervalued.
Anyhow, I look at it as no brainer as they wont bid below .38, so risk reward is decent even in a buyout at .50.
I do think gold will correct however, and that is why I sold my DGC. HRG has been a huge disapointment since gold has rallied from 1000 actually falling 15% from the .48 high. All Severstal of course, but that is my point. We can complain as much as we want, but the only way to make a real statement is to take a few shares out of their hands.
Look at yourselves in the mirror.