Post by
trader2day on Jan 07, 2010 3:10pm
Can you see $3 for HRG
I can see this coming looking at the incline this rocket is taking off. Got hit $1 first then on to $2 and maybe in 4 months $3
What do others think? this definely is a BUY
Cheers
Trader2day
Comment by
prouditalian on Jan 07, 2010 3:34pm
not worth 3 dollars. I think as the report stated, without a discount its worth 2.50. I think a 1 dollar offer is out and the in people know it.May pass IMHO.
Comment by
factory on Jan 07, 2010 3:54pm
Buyout ruour would explain the recent run up. A $1 buyout offer would also explain the sell order at 98 cents. If it turns out to be untrue, what level do you all think it will "correct" back to?
Comment by
Honkeybill on Jan 07, 2010 4:02pm
I think it will "correct" to $2.68 and have no facts to substantiate that, other than my strong personal desire to see it there.
Comment by
goldlust on Jan 07, 2010 4:39pm
We have been through this discussion before. If there is a buyout offer, Severstalwould be unable to vote their shares. I think Polencia may be able to vote theirshares but in any event I think the minority shareholders could vote it down!
Comment by
factory on Jan 07, 2010 4:48pm
So the 400M shares Severstal has are non-voting? Would they would invest heavily and give up that control? Can someone else confirm this please.
Comment by
elav on Jan 07, 2010 4:52pm
factory, do you know what fiduciary duty means?plus not all shares are voting.
Comment by
JayB1 on Jan 07, 2010 4:58pm
Find below a link to an article written Dec 17th.. They are expecting a price of 2.48...https://www.financialpost.com/story.html?id=2349799 JayB