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Bullboard - Stock Discussion Forum Harry Winston Diamond Corporation HWD

NYSE:HWD - Post Discussion

Harry Winston Diamond Corporation > sold shares today
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Post by blackbart26 on Apr 17, 2009 12:00pm

sold shares today

please please let there be my anticipated pull back to around 3.50.  Please dont take my lunch money.
Comment by Consvestor on Apr 17, 2009 4:08pm
I really can't see a pullback to $3.50.  Look at the volume yesterday.  That was mutual funds and big money accumulating shares with the expectation of riding this one up to at least $10.  I would not be surprised to see HW trade in a range of $5.50 - $6.50 for the next while, but I would be shocked to see $3.50 again.Cons
Comment by Aberlour on Apr 17, 2009 6:24pm
$3.50 is unlikely, but selling into a rally like this is a good idea.  I am peeling off my long positions as it unfolds.  I still believe the net tangible book value is $7.50 per share and it should get back there.  Remember during a more optimistic psycholgical framework, this stock (once known as Aber) once sold for $50. I know because I sold some at that level (many years ago ...more  
Comment by blackbart26 on Apr 17, 2009 6:36pm
after todays trading, im hoping for a plunge on monday morning where i can buy back in
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