GREY:HRIVF - Post by User
Post by
Challenger64on Feb 13, 2011 8:50pm
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Post# 18126555
Just bearely out at $ 1,22 with more then 100k sha
Just bearely out at $ 1,22 with more then 100k sha
My selling order was filed completly after 40 small transactions that started at $ 1,25 (?????) Seem that not a lot of buyer are interested in HRG.
The way the share are trading and the rumours surrounding the majority shareholder, I think that this stock is allready dryed up, because new buyers are reluctant and no longer interested by this hazardous opportunity that seem to be under the controled of US brokerage firm. (Just take a look at the sudden big uptrend on the last two Martin Luther KING holiday/ 2009 and 2010)
If you read between the line, I think that Severstall has allready win the game, it is now only a question of time before they repeat the accomplish takeover of Crew on HRG.
Even if I believe that the value is there, I cannot be sure that the share will reflect this value in a near future so I rather invest my money somewhere else, like DGC which look very promising. DO your own DD on this one.