Harry Winston Diamond Corporation HWD

Incompetent CEO

[stude]

I was in HW b4 Mar/2009 when Robert sold % of corp to Kinross when market down ( he sold corp on the bottom ) , now Robert buy at the TOP .  I did triple my $ but laugh at CEO like this.

[redphoenix]

You don't understand what they did. It was a great move to get back there % of Diavik mine. It will take some time to absorb the 15 million shares, but after will diamond prices back to pre recession levels we'll move higher. Remember this is the same guy who sold said shares to Kinross to keep company operating and get you your TRIPLE.

[Borson]

this deal clears things up again.Kinross saved HW's a$$ when thw company was capitalized at  LESS THAN the value of the deisel in the diavik tank farm because of a 75M bank debt that was coming due which banks refused to deal.  The diamond industry across the board stopped without banking.the cost of the crisis to HW was 36.6% share dilution.  production is down 30% from the