Post by
bart_dc on Jul 13, 2011 9:35am
level II
with a new high for the price of gold and
and HRG nearing the 1.25 resistance level,
it would be interesting to see what level II is at this moment?
can someone post the current situation?
many thanks!
best regards,
Bart
Comment by
cjsell on Jul 13, 2011 12:38pm
I tried to post the Level II, but had trouble, Needless to say, there is a wall from 1.23 to 1.29Well done Severstal!!!! Now there is NO WAY your IPO will work, excellent job!CJ
Comment by
bart_dc on Jul 14, 2011 3:34am
Hi CJ,walls are there to be broken.Remember last week, it took 1.5 minute to gobble up the 1 million+ shares affered between 1.18-1.20.B
Comment by
subwave on Jul 14, 2011 10:01am
Apart of UBS buying was me, filling up my core position. HRG veryundervalued to the peers. But the russian assh.. in force, my onlyfear is a cheap financing for Bissa, lets say 150 Mil at 1,10 C$. Whatare your thoughts about that ? If you need my shares for fighting together, give me anotice. Geetings sub
Comment by
bart_dc on Jul 14, 2011 10:18am
HRG has enough cash on hand to finance Bissa.No extra funding needed, so risk is low.By the way, the bid has moved up to 1.26 CAD.Indeed sub, still WAY undervalued.B
Comment by
subwave on Jul 14, 2011 10:28am
...no doubt that HRG has enough cash on hand and a financing is not really needed...but a nice way to get more cheap shares for the russians.. then up to 80-85 % in their hands. What could we do against it ? sub