greenwave3 (69.93)

Harry Winston

March 20, 2009 – Comments (1) | RELATED TICKERS: DDC

Harry Winston (HWD) just sold what amounts to about 20% of the company to Kinross Gold for the current market cap of the company ($150 mil). HWD and Kinross also agreed to look at future joint ventures in the diamond industry together.  With short term cash needs satisfied and a potential partner to fuel long-term growth, I feel like there is still a lot of upside to HWD. Any thoughts?