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Bullboard - Stock Discussion Forum Harry Winston Diamond Corporation HWD

NYSE:HWD - Post Discussion

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Post by Consvestor on Mar 26, 2009 1:20pm

Good Value

I believe HW is a real steal anywhere under $5.  With the Kinross transaction, the debt issue has been substantially taken care of.  The assets are high quality.  The economy is starting to show some early signs of a rebound, especially in the commodity sector.  I would not be surprised to see HW between $10 and $15 by August.

Comment by puma1 on Mar 27, 2009 7:42am
they did sell off more than 35% of the pie - that means that the summer highs of $25 really translate into a $16 stock - i think it is a good value now, but i do not see it going back to those summer levels anytime soon.$8 would be a nice number imo.
Comment by stude on Mar 27, 2009 8:15am
If you let Mgmt team go SP will shoot up to $10, Look at HBM.They made a deal with IMG to save their jobs not shareholder value , I hope gold up to $1500/oz then IMG have all $$$$ to swallow HW and send Mgmt home.
Comment by Consvestor on Mar 28, 2009 12:51am
Remember this was a $40 stock not too long ago.  Gotta love today's action in a down market.  The chart is saying HW is in a major breakout. Debt concern is gone, this stock should break above $5 in the near term.Cons
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