Paul, here my answer to you with regards to HDWY.
Yes, I am a portfolio manager but I was talking about my private portfolio. HDWY is my biggest holding in my US portfolio. Not for my clients of course, because they are in the large cap names. This is only for my private account.
This company is growing very fast. They have clients like Merrill Lynch in their books.
It is easy to say that there is trouble with coordination and all that stuff, but they have shown what they can do and they are a niche player. The CEO is a winner and makes this company what it is.
My personal feeling is that they are talking to other companies, maybe to get acquired. Just my personal feeling. It is so long quiet around this company.
I am trading this stock, bought my last position last week at 4 5/8.
The downside risk is minimal. What needs to happen is that the company gets in the picture again, grows further, get a bigger market cap and get analysts recommendations.
Even if it takes a while, let's suppose the company gets further on the current track, I am sure the stock price will be at USD 10 in two years, that is a 100% return in 2 years. Not bad, is it.
BTW, look at HAIN, quite some activity in the september calls. Nice article in the Investor's Daily.
Ttyl.
Rene. |
