Nothing ventured nothing gained I suppose. Risk is something you have to deal with. It's the price you pay for potential profits in the stock market, or when you get behind the wheel of your car to go to work for that matter.
Agreed, and as I've said before I like HIL and have been in this stock for awhile; the opportunities outweigh the risks or I wouldn't touch it. They do business all over but they do have a lot of work in the mideast. They did extensive work in Iraq previously and did very well there so hopefully this new work will materialize and work out as well. I hope after what happened in Libya they will be able to work out some kind of insurance or escrow arrangement to hedge against non-payment for work done in these "wild west" countries.
I forgot to mention that I feel Iraq is probably one of the more stable countries over there right now. At least there is an American military presence there, and I think the Iraqi people are tired of war. They don't have Saddam anymore, so they don't have a major figurehead of oppression. Bin Laden being dead can't hurt either at least in my minds eye.
Yeah, a smaller company like Hill can't afford to get burned on very many deals. I'd say that some sort of insurance would be good, or they just need to start making some of those guys pay at least part of the bill up front.
There's plenty of x factors at Hill, but they are good at what they do and have the personnel in place for some great accomplishments.