HICL Going Down.
Posted: December 2nd, 2016, 3:11 am
HICL's share price is dropping quite sharply as expected given real and anticipated interest rate increases. This should not come as a shock as it is in the nature of the beast. I got out too early at 172 when the SP was still rising. The premium was then eye-watering but continued upward.
Holders should expect more falls if interest rates continue to rise as expected.
Holders should expect more falls if interest rates continue to rise as expected.