Post by
missouriminer on Dec 27, 2010 2:59pm
Goldman Sachs
"Emotion clouds judgment" It seems in our anger with Severstals BS we have overlooked an important aspect. It is my understanding that when a company (Severstal) signs a contract with a brokerage firm (Goldman) to handle a IPO the company in charge of launching the IPO buys the intended # of shares that are offered for sale in said IPO, The brokerage house then resells these shares at the time of the IPO. Basically giving Goldman the authority to call the shots, I have IM Chris in regards to sending "letter of intent" to Goldman. It is important to remember that Goldman is at this very moment charged with manipulating silver futures and has in the past been accused multiple times with manipulating Gold/Silver futures via comex. It is also important to realize this company literally runs the financial world, a company does not gain this stature by losing $. The point I am making is the manipulation we are seeing could/likely be the work of Goldman. The good news here is that Goldman is not often on the losing end of any business/financial endeavor. Goldman knows the only way Nord Gold IPO realizes full $ potential and in turn Goldman profits the most is that HRG trades at full value, IMO Goldman is likely the manipulator here and is buying shares in an effort to double their money through the Nord IPO and the ultimate increase in HRG SP.........In response to an earlier post regarding the logic of Russian practices the comparison was made regarding the loss of Russian life in WWI & WWII. During communist Russia and In my opinion too this very day the population was/is regarded as expendable for the good of The Motherland, not only did Stalin not care about the loss of life (many military historians believe he considered it beneficial, less mouths to feed & Stalin was one of the 1st to realize small, highly trained units were the future of warfare) where as the illogical business decisions that Severstal has employed have a direct impact on profits. While I understand what you are trying to say I have to disagree with your analogy. May 2011 be the year for HRG investors to realize our full & fair return on our investment.