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Harry Winston Diamond Corporation HWD



NYSE:HWD - Post by User

Comment by puma1on Mar 10, 2009 8:38am
331 Views
Post# 15832537

RE: What a selloff

RE: What a selloffi think Winston is something like 3% of the rough market. their CEO also pointed out that in 2008, their prices rose about 1/2 the rate of the market jump and so speculated that Harry didn't have as far to fall.

one of their biggest debts in 2009 are taxes - well the Canadian tax agency is now charging 5% on outstanding taxes, so i suggest that Harry consider borrowing from the govenrment to "pay" their taxes instead of operating in a vacum.

the fact that these guys failed to raise capital in the fall at the begining of this is negligence
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