GREY:HRIVF - Post by User
Comment by
rocknrolleron Apr 10, 2010 10:11am
379 Views
Post# 16977638
RE: RE: HRG RE: RE: RE: RE: RE: RE: RE: I am short
RE: RE: HRG RE: RE: RE: RE: RE: RE: RE: I am shortOf course HRG can be shorted, and I am warning people of the dangers of investing in this stock.
It is very clear to me that almost all posters that are here have bought way lower than .74, and want to pump it higher, which is quite normal. I want it to go down as I am short.
While there are only longs here telling newbies of why HRG is a great buy I will tell newbies the risks and the reasons why it will actually drop in price.
To anyone who doesnt know, under Canadian law under an amalgamation the majority of the minority can vote for a amalgamation.
With Troika shares, which of course is in sync with Severstal, and likely the sidepocket shares that Severstal already owns, you guys will get squeezed out and it will be lower than at .74. It can be whatever they want.
Of course you guys never talk about that risk. Amalgamation will happen. Thats a squeezeout for anyone who does not understand. This is why Troika shares wil not be bought out by Severstal, they will use then against you all.