I would like to know wether members on this forum are getting sick and tired of these profit estimates being downgraded every time. HII only floated recently. Are you telling me that the company had know idea then that things weren't looking rosy. Investors are beginning to lose faith in directors that claim one thing and deliver something else.Think about it if you were the director of a compnay wouldn't you want to pump up your price by making bold estimates. Of course you would. Once the share price has gone up three hundred per cent and you suck people in, you then do an equity raising and get more money to survive for the future. Then by the time the facts come out you have your money and the idiot investors are out of pocket. And what recourse do you have. Nothing except a bit of whinging at the AGM. Good luck, but we are all being sucked in. By the way I am not suggesting that HII are doing this but read as you please.
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HII Price at posting:
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