GREY:HRIVF - Post by User
Post by
missourimineron Feb 24, 2011 8:03pm
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Post# 18191027
re..shakeout and rediculous
re..shakeout and rediculousmarketmaker and critical...how reassuring it is to all of our shareholders who hold smaller individual positions when you provide such positive and logical reasoning about the hrg situation. it is such a big help to give us strength to stay the course and even buy a bit more if possible...you noted that severstal has lost 1 billion in market cap resulting from the lower sp ...and we also remember that severstal's modus-operendi is to borrow money up to the hilt on their assets and gamble that the sp goes up...their recent purchase of a reported 100 mm shares at 1.05 means they have already used these shares as collateral to support loans where they have received 1.15 per share....that's right...borrowed more than the share price they paid. these loans are all "24 hour call " loans and in tomorrows mail they will probably receive line of credit calls from their banks. the pressure is on severstal and we are in better shape then they are...i,of course, donot know that the immaginary script i've here written is fact, but it is certainly plausible...severstal must now promote hrg sp.....hang tight everybody....