Post by
metalmaniak on Nov 21, 2009 12:13am
totally correct
the share price is cheap...very cheap and is being held up by their buddies at Troika.
Funds are the only ting that can beat the manipulation as they have the firepower. Its a math game now...how many shares are Severstal willing to sell to keep the market down? So far, its been really easy as there have been NO buyers as indicated by the vlolume. If you want it to move up...look at yourself in the mirror, including Charlwood...havent seen him buy since .15.
Their investmenst alone are worth over 60 mil now...If severstal pulls this off between .50-.60 it will be a steal of the decade.
Comment by
espressostretto on Nov 21, 2009 8:01pm
Have around $10k on hand now, and waiting to unlock another $10k hopefully in the coming week. So I guess I should be able to buy around up to 50k shares in the next two weeks. As you mentioned about constraints, sometime next year I am aiming for a career/lifestyle change and expect a very highly reduced regular income from employment.