GREY:HRIVF - Post by User
Post by
gloxinia123on Aug 22, 2010 10:31pm
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Post# 17373440
Kurbacious Analogy to TIM Ridiculous
Kurbacious Analogy to TIM RidiculousI don't follow HRG, own it or short it. Actually I know almost nothing about HRG. I do know that there's a pretty large float out there. That has implications but isn't necessarily a problem.
I do know that TIM's problems had NOTHING to do with a lot of OS shares.
At it's height in 2008 (about $36), there were only 100M shares outstanding. That's an extremely small float. Today there are twice that many shares.... so I guess TIM SP should be $18. But it's not. It's about
.42 I think TIM's problems are elsewhere.
Kurbacious: there are people out here who know things. You can't just pull "facts" out of thin air.