We can be optimisitc and hope that a recovery is just around the corner. Reality is they continue to experience problems, and optimism about ramping up production continues to be impacted by problems of floods, restless poplace, slips etc etc. Also we have issues with quality, hedging funds. The price could go down to .20 cents, or these issues hopefully are already factored into the existing share price, hence the rapid decline. I bought in the mid 30's over 2 years ago, watched the price rise to .8450 (hindsight is a wonderful thing), and I've hung in there. I'm loathe to get out now. So I'll ride the volatility and wait patiently for a return to a healthy share price. Valuations place it at .69 cents, and I have every reason to believe that if they finally get themselves sorted, then the price will return in the right direction. Patience!
HIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
