GREY:HRIVF - Post by User
Post by
packerdriveron Jul 19, 2012 2:20pm
323 Views
Post# 20131989
Jeeez, you can can sure make a guy feel POOR!..
Jeeez, you can can sure make a guy feel POOR!.. 9k....and have been owning this since it was .14!!!....bought some, sold some over time.....the Zhivagoes are sure stubborn...but that has just made me stubborner. It's kinda funny that they have not learned a pretty simple lesson... they have pulled so many shenanigans over the last three years that anything coming out fo them is viewed with the utmost suspicion....you'd think that by now they would realize that if they really want ALL of this company thatey are going to come up with a REAL take over offer.....17% premium off of this depressed market is almost insulting.....sheeesh in the gas business (all time low commodity price compared to gold at an all time high) the take over premium's been 60-70 %....17% just don't compute AT ALL in my book
2.50 seems to be a pretty popular number....I dunno....if we had a REAL special committe with REAL independent directors we might have a chance of arriving at a REAL valuation......right now it's a coin toss....and the Zhivagoe factor cuts our valuation in HALF I bet (anything russian is not viewed very well at the moment risk wise....lots of people just won't touch it)
it's all very entertaining I must say.....I might buy more still..LOL..I can't see a down side at this point...Cheers all, Packer