http://marketfolly.disqus.com/Updates on what top hedge funds have been buying and selling. SEC Filings, hedge fund letters, investment conferences and more.enWed, 08 Jul 2009 04:43:34 -0000http://www.marketfolly.com/2009/07/harbinger-capital-partners-new-position.html#comment-12303972<p>Do you think that Falcone, possibly, can take part in managing the company?<br>Otherwise I don't see how he can influence the situation at MHGC, and influencing at management level here is the only way to make money on their stock theese days (I don't think Falcone is going to hunt for penny profit from MHGC shares, taking into account the 8% stake in it... If I was him, I would accumulate that amount of stock only to take control on management, bring in some proved management team, make the company private or rise its market cap.) So if it is not acquisition from a third company, it should be take over of some sort directly by Falcone, otherwise it is waste of money...<br>What do you think?</p>IngerWed, 08 Jul 2009 04:43:34 -0000http://www.marketfolly.com/2009/07/harbinger-capital-partners-new-position.html#comment-12280008<p>I wander what did they find in MHGC? Too much leverage, too tough a segment to operate theese days (luxury hotels are struggling) and the recovery of that segment is also too far from now...</p><p>The only possibility for smart money here - that MHGC will be acquired by someone. I don't see any other reason to invest in this company now. Or may be I have a very narrow point of view?</p>IngerTue, 07 Jul 2009 17:18:59 -0000