GREY:HRIVF - Post by User
Comment by
Tomwhitfordon Aug 22, 2010 8:09pm
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Post# 17373283
RE: RE: Rocketing past $ 1 to $2.50 and my predict
RE: RE: Rocketing past $ 1 to $2.50 and my predictI expect that HRG is on the radar of many investors and once a certainthreshold breaks (probably a close over $1.00), we will see upwardsmomentum that could catapult this stock towards proper valuations.
Sincemany of us called correctly a run into the 0.90's last week, I willjoin tomwhitford and call a quick rise to 1.00 early next week.
Again, I'm actually not suggesting a rise to 1 at all, I'm suggesting agap will be filled in the high .90's and we'll tear through to 1.20 -1.35$,if you've watched the L2 over the last week you will have noticed bothof the largest Asks being wiped out and the last large ASK beingremoved on friday afternoon on a strong close.
Leaving the nextweek with a mere 500,000 shares to 1$ which means that with 1/4 theamount of avg volume of we can gap up easily monday morning to thatprice and the run-up will most likely reach 1.20 -1.35$ whereresistance may be found.
Also L2 shows a ton of people who wantHRG at lower prices, and I know when they see the price moving up thebuyers and all the potential buyers watching will jump on to take easyprofits before HRG hitting resistance.