GREY:HRIVF - Post by User
Comment by
SeekingDoubleson Mar 03, 2010 11:08pm
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Post# 16841008
RE: Nothing but conjecture and innuendo
RE: Nothing but conjecture and innuendoIf you were Severstal, why wouldn't you encumber (and lever) HRG's (dramatically improving) balance sheet
to further your own business goals (political intentions) by what ever means necessary to improve your own balance sheet and bottom line?
Double digit business financing costs are back with a vengeance... and possibly here to stay for decades
Gross margins & net profits are shrinking, in most parts around the world.
Currencies are now driving markets, completely disconnected from fundamentals, no thanks to wall street.
IF the lies coming from the Fed ever subside, gold could rocket... but the gold cartel would never let that happen
Steady ebb and flow keeps panic at bay and all under control
HRG has been a slow-steady climber since Severstal stepped-in, (and that's a positive thing)
save and except for the recent volatility, only created by the fact that the float held by minorities is so extremely tight.
HRG is much to boring for the spec-players, since no sizeable volumes available to trade, but it's certainly not a-sleep
HRG is patiently a-waiting its continuous climb upward; closing towards no less than a 50% discounted value to its peers. or until we are churned into a new entity with potentially brighter prospects for growth.
Just like sitting in your doctor's office waiting to get in to see them... you're the patient.. the doctor will see you when he wants to see you... be patient and we'll get to you as soon as we can...
Hey Mordi, how about throwing us a bone here pal? You got most of HRG for a steal... and we've been patient with you...but now it's time to make HRG fly like the 747 she truly is. What do you say big-guy?