HWD was recently upgraded multiple times, but going through this retracement is kind of painful. I'm still not breakeven on my entire position - but getting very close. It felt so good to be +100% with part of my position while it lasted though.
I'm just trying to focus on the longer term, telling myself I'm not delusional and hoping that it'll reach the target price that many of these banks are aiming for, which is in the range of $7-9. I have much higher expectations of HWD though as its book value is $11.45.
Christie's recently had a good auction, selling another blue diamond for a total price of $3.5 million.
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