GREY:HRIVF - Post by User
Comment by
missourimineron Feb 07, 2011 7:25pm
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Post# 18090329
RE: RE: severstall purpose...holddown hrg sp..
RE: RE: severstall purpose...holddown hrg sp.. We should take into account what the actual avail. share count is i.e. How many shares are held by all parties and what SP are said parties willing to sell at. When you take this into account although 800,000,000 shares exist most are held very tightly by people/institutions that know HRG's true value and are unwilling to part with even 1 share at current rate. When you look at it from that angle Dad has a valid point. IMO most longs here don't day trade, I doubt SPROTT is selling at these prices. As for big brokerage houses, they don't get much bigger than the one handling the IPO. Another consideration is the relationship between the brokerage houses, it's the good old boy system, one big frat house. Corrupt to the core.